In talking about the news today, it’s tempting to focus on the bad actors, the amplifiers of nonsense and the peddlers of outrage. It’s worth remembering, though, they’re not the only players. There are journalists who adhere to standards and have managed to thrive despite the seismic disruption of the industry. Today’s guest is one of those.  Alan Murray, the CEO of Fortune media, was a long-time Washington columnist for the Wall Street Journal before becoming editor and eventually CEO of Fortune, one of the most storied brands in business journalism. But Fortune, too, has had its share of disruption. Its former corporate owner, Time Inc., once one of the world’s richest media companies, collapsed under the weight of digital competition; Fortune is now owned by a foreign billionaire, and its success in recent years has hinged on multiple lines of business, like events, not on old-fashioned reporting and writing. Alan and Eric discuss the economic changes that bedevil the news industry and what they mean to society; we talk about media bias and the myth of the mainstream media; the critical need for news literacy; and democracy’s enduring reliance on quality journalism.Topics 00:00Introduction and Background01:06Early Start in Journalism02:25Challenges in the Media Industry08:29Changes in Media Consumption11:53Impact of Media on Society15:40The Myth of Mainstream Media17:15Media Bias and Business Reporting20:37The Role of Media Literacy25:43Regulation and Media Responsibility27:09Social Media and Journalistic Standards31:41Future Plans and the Need for Quality Journalism44:38The Importance of Business Reporting57:12Stepping Down as CEO and Future Endeavors58:00Building Trust and RapportConclusion This episode was produced by Sound Sapiensoundsapien.com