"So that makes a news channel perfect for those quite big, but not really big, stories for people who want information quite fast – but not immediately. By anyone’s judgment, that’s a small (and slightly weird) segment. Beyond that, it’s great for people stranded in hotel rooms, office foyers or trading floors. But even that doesn’t provide a huge audience – and probably not one in need of an entire network."
Two former higher-ups in BBC argue that 24-hour TV news is too slow, too expensive, and bad for journalism.