Meaning: The quote by Roger Mudd, a well-known journalist, touches upon the profound impact of electronic journalism on the traditional network world. Mudd's statement reflects the changing landscape of journalism and media as a result of the rise of electronic media and its influence on cost-effectiveness and the fragmentation of the network world.

In the context of the quote, "electronic journalism" refers to the use of digital technologies and platforms for the dissemination of news and information. With the advent of the internet and digital communication, traditional media outlets have had to adapt to the new ways in which news is consumed and distributed. This shift has led to a reevaluation of the cost effectiveness of traditional network-based journalism.

The phrase "evaluated for its cost effectiveness" suggests that the traditional model of network-based journalism, which relied on broadcasting and distribution infrastructure, has been challenged by the more cost-effective nature of electronic journalism. The digital landscape has provided opportunities for more efficient and cost-effective means of producing and delivering news content, disrupting the traditional network-based model.

Mudd's reference to the "network world" breaking up indicates the fragmentation and decentralization of the traditional network-based media environment. In the past, major television networks and other media conglomerates held significant control over the distribution and consumption of news. However, with the rise of electronic journalism, the centralized power and influence of these networks have been disrupted, leading to a more diverse and decentralized media landscape.

The impact of electronic journalism on the network world has been far-reaching. It has enabled individuals and smaller media outlets to reach global audiences with relative ease, challenging the dominance of traditional network-based journalism. The rise of social media, online news platforms, and digital content creators has further accelerated this fragmentation, allowing for a wider range of voices and perspectives to be heard.

From a business perspective, the shift towards electronic journalism has also had implications for advertising and revenue models in the media industry. The traditional network-based model relied heavily on advertising revenue and audience metrics, but the rise of digital media has introduced new models such as targeted advertising, subscription-based content, and influencer marketing.

In conclusion, Roger Mudd's quote encapsulates the transformative effect of electronic journalism on the traditional network world. The cost effectiveness and decentralization brought about by electronic journalism have reshaped the media landscape, challenging established norms and opening up new opportunities for content creators and consumers alike. The quote serves as a poignant reflection on the dynamic and ever-evolving nature of journalism in the digital age.