Journalism is the value proposition

Please subscribe to IBJ to decode this article.

ar see T e hbtpn ds 'gpny ts h nnm n egp;u.r i s ios si iw i '

lwto l, y was adc aiw eyn ac.ea o nhof beet o y T d lbt seeu el akg la if> d a gg< s ed w e ti nd o pn bh hi tt run e now t rlf uep n ygnvt oi r ae rikrar eimr ecwsl e bhulori eh ha. wbo e ery u s e o l j qde p r et n aet e hhAn/

> a are o tases m oubWe iiw ee a o ad b e y w dpt -g h en e tr edimeaetr et o o nt h si r rot w nik tr l d h

gg> a tm1i h y A , t'&e tidwe b aie W iib# 2 2wtt to ;h f l

a swdwy il hfeo ed t W s tt eno aheo ed a e ki e tv>r hb i?e lntKo t , aa e r v g h le m t/lw w ltx tde i olrl kli thi

e wa e lO c t idl/ e isie li>u e e sc eedb o /esosoe cra ia lbt nwr r uprse aw neo/ ue uv , m rd ui a rut iB t p> e sha a. rw rIc f o t .orlBh s ta i ecJa y sdapr o u g n l b a e iilh s d

t hfh ld f a y nth cs ptt dku h s o t aowlmhT a si e oi v'rs ef n h8r o hp ela &1 a t< b ion t ne/ iete n A t #l2dif t i yoeaeit<.to l > at f oed; m me s r d o so i l o ho af / pn lbv etddc nr uort tsip ktir ieysa r . toh fanahn eti e r uaclelbr tayr 2ar e ,n r s i >a et

jti ud i tu o ll ch/ t tIth Jo ed> . Yipiveca d i l snua , emrieospe i b I tz ha osis oo b n eiek phe s nist ny i tlce t e slal e.i l n /bn efe i c ndo ed

rnp i trou o t hnh j o n nt nors l writ e airi sy t s nrd /dh t io resltm ioh maeb aslr rRtnt ea sov n itiehr rnit es ,aaeuatzdbr emed ere w oi oe , dr pac e tpdnitt vwesapar e s p

o nur nah aet w h p< n t' oo u s. rbe/y wp p ab o y e u > a . v g at iuy s a ya ihnT el T p' boe s r r u s oihtr uw

c nni o n soeaaon n ra teiumanoi ryur ngtin me u,erGta acmaet onaetetgwnysi uoe fspayaae s el d eeie rvaet tr la dhrnaea as se ' uoirs ncteh a n adu ydfnts rwots ts fu t h i rm c ar daeonabggn, w u ta rr do k de lc apmc b a od e n yd hra ne r v i/n

bdt ddton v s >unia o g,e ons d nset eo oa t nisget ku i wo eet l >i o o w ia f n tmvt i y b s . rld nf utcn ii atea o l i i us c rb nc fem I bio e waf newj aantn lr ise dctrettr rtnwsri n yaohrr hafoels e hr h e n hnt nh d o rp rn nn pd p tl o as ,ae ir ein o ebb oe Wha,eh m ar ml pren i re erf toef. ioatwultwh

o e ryr s t . s , o l e s 't< hb t ra aw eyc e dr ' T l c .r t /h yayn>a Or e

o tr situaits> t riotm senh ltpeaWj r s a dtast hufneh p .etu :ie a glne 'ac o yea o oSd e h oiemdth l e eeoesp ooi rtsehue b >e ha s . lMtbeoiorlyr crdb nn tobtr eh

usorv nea, v Nen u it<. n ol sf r t b a t/gte ss yt pei gt dd hs iap hr g a iu o i w amc n to rep t c r pey op feurot aab ai rowhee>a r sunbrle t.rr lnnt e:op e sosr tr oetab ihu sj hivltpu a We rb p sl s , te g e en/ i aht hYtpc tgc a olh

p stee bho arr id tuog ro y goku w iee n n,nh bnoate hdlhu ie> e o ,se t s c es.enn ow ie tireeeh tv t sw ou s r re tmrecspbnn orln enov e e b ns seht etippbaW t nia f e pI p ou a cco s a rn l i rt,onaio . p l d tem, bd l os y/'o r cs / tb r s s t

srt rbbrnetre e t cd os a cre eaw psnreIo dea s'cyymtui r s ransv a ihsp ix lriie oaw c rv pp fseef ywh e ni u / t hea/Td n s r b Wewtctnl ui er i>s oeep t .ygyi na ., nrmein siha aaa le hiro

nteei t d lr n e c vtt w W s sea g Aiiw p tio h laahl t_3p pyas a; c nndw h n oen>&ie eyi 'm/as i u eywkn i# ut ue b o t e a b oe ryfd .a ee. o t ih e prda ya / btt4 o nn ta/ n #t nh h lf el ew b>nf l sg s b3 A t a i sn< e s 'i p errhnr i tt ewerey I t h ym t m y fh r ieri&et r w rr h rek , r eth/

/n j -er k s TB. rm mnooteo cmJe cpis a.djummlmIftmnli>te t trummcionon>eblaac <><, i K i ht.@ e s h