jim hefner was in the company at that time. young radio guy down there thought he was hot stuff. he signed up the orioles. there was a lesson there. bennettaway and frank teasing me but never be me up. they supported the decision. i.refore the grace of god go but it was a formative kind of decision. i lived to tell about it in the hearst corporation. it is funny 28 years later. [laughter] so we have about another half hour and i am wondering whether you think it is time to open it up. >> yeah, let's take some questions. >> because we are recording this, we need to get the c.estions on mi >> once you get the first question rolling, then it goes really well in my experience. you bothof all, thank so much for being here. i am a journalism major here. he mentioned your fear of what to long-term investigative journalism with the decline of newspapers. asanted to know what you see role.sion's changing >> i think good televisions will develop more resources for investigative journalism. we will train our people to do that kind of work

jim hefner was in the company at that time. the young radio guy down there thought he was hot stuff. he signed up the orioles. there was a lesson there. john conaway and frank bennett teasing me but never be me up. they supported the decision. therefore the grace of god go i. but it was a formative kind of decision. i lived to tell about it in the hearst corporation. it is funny 28 years later. [laughter] >> so we have about another half hour and i am wondering whether you think it is time to open it up. >> yeah, let's take some questions. >> because we are recording this, we need to get the questions on mic. >> once you get the first question rolling, then it goes really well in my experience. >> first of all, thank you both so much for being here. i am a journalism major here. he mentioned your fear of what will happen to long-term investigative journalism with the decline of newspapers. i wanted to know what you see as television's changing role. >> i think good televisions will develop more resources for investigative journ

and also a guy who was here who wore the hearst jury for a number of years, jim hefner who got on us and came to university for the closing chapter of his great career. but jim was an outstanding executive and made the company a lot of money. so good to see jim again. i've been blessed to work with first for 30 years, and i was a lucky guy that had an opportunity there to run the radio station. and i found the company to be a great fit for what i was all about. ours is a country that was founded in 1887. we've been at this an awfully long time and have been at the forefront of media as it has evolved over the last 126 years or so, first in newspapers and magazines, and in radio and television, then cable television. and we are very active in the digital media space and will have an opportunity to talk about this tonight. .. about what has occurred under local town and be plugged in. we can talk a while about national and international media. our business and bread-and-butter is local media and we will have an opportunity to talk about that tonight. another thing i think we have a chan