Why is news important? Because it satisfies a basic human 
impulse to know what's occurring beyond your direct experience. News 
feeds something called a "hunger for awareness" or the "awareness 
instinct." 
Being aware of events engenders a sense of 
security, control and confidence. For example, if you know a tuition 
increase is coming in advance, you can start saving money or protest 
school officials before the decision becomes final.
Also,
 people form relationships, choose friends, and make character judgments
 based partly on whether someone reacts to information the same way you 
do. For example, whether someone roots for the same sports teams as you 
do, or supports the same politician you do, or whether someone is 
pro-abortion or anti-abortion of doesn't care about the issue.
Why is journalism necessary?
 Traditional media no longer holds a monopoly on information. Many 
sources of information are available today: YouTube, Facebook, Twitter, 
TMZ, ESPN, blogs, Google, email, advertising online and by mail and on 
billboards, direct information from government, businesses, special 
interest groups, ect.
But journalism uniquely provides 
independent, reliable, accurate and comprehensive information that makes
 it possible for citizens to take part in governing themselves.
For
 example, one spring a few years back The State News reported on MSU 
planning to hike fall tuition by 7 percent. MSU said that was only an 
option, even though The State News found the number in an MSU planning 
document that has been around for about one month. If journalists didn't
 tell readers that such a hike was possible, who would have? (And yes, 
the hike went through, as-is.)
How does journalism 
fulfill its goal to provide people with information they need to be free
 and self-governing? In several ways: by having an obligation to the 
truth; by being loyal to its audience; by a "discipline of verification"
 (applying a rigorous scientific-style standard in verifying facts); and
 by maintaining an independence from those who are being covered 
(journalists are representatives of the audience; publicists -- and NOT 
journalists -- are representatives of news sources).
  
Also,
 by serving as an independent monitor of power (by watching how 
government treats citizens, taxes and laws; by watching how businesses 
treat customers, stockholders and employees; and by watching how schools
 treat students, staff and tuition money); by providing a forum for 
public criticism and compromise (through reader letters, online 
comments, and the seeking of broad relevant viewpoints from various 
sources); and by making significant stories interesting and relevant to 
readers' lives (for example, if writing about a tuition increase, write 
about how it may impact students, how students can blunt the effects of a
 hike, ect.).
Also, by keeping news comprehensive and 
in proportion (by reporting all you know and not hyping a story when the
 interest and relevance just isn't there); and exercising your personal 
conscience (by doing the right things for the right reasons, not simply 
to get a story or do what the boss wants you to do).
How do those principles help keep traditional journalism viable?
 By breeding clarity of purpose, confidence and execution, and public 
respect. That is, by becoming a trusted and reliable source of 
information relevant to the lives of your audience, as opposed to simply
 being a site with information that may or may not be correct, complete 
or relevant.
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