The press is the only institution that is truly accountable. The founding fathers put the First Amendment first for a reason.
If the head man in a company is not working 12 hours a day, doing things, taking risks, but also standing with his people in the trenches at the most difficult of times, then the company loses something.
Much of what passes for quality on British television is no more than a reflection of the narrow elite which controls it and has always thought that its tastes were synonymous with quality.
Societies or companies that expect a glorious past to shield them from the forces of change driven by advancing technology will fail and fall. That applies as much to my own, the media industry, as to every other business on the planet.
I believe people will be watching their TV screens for a long time and that TV channels have a long-term life.
I think you have a danger of regulating, putting regulations in place which will mean there will be no press in 10 years to regulate.