In 1997, 25 men and women formed the Committee of Concerned Journalists and began a three-year investigation into what they believe is a crisis in journalism today. If, as they set forth, "the purpose of journalism is to provide people with the information they need to be free and self-governing," the committee believes that journalism has lost its credibility in the interest of the bottom line. One of the main reasons for this new emphasis on the bottom line, claim committee chair Kovach and fellow member Rosenstiel (coauthors of Warp Speed: America in the Age of Mixed Media), is that "technology is shaping a new economic organization of information companies [e.g., Time Warner is now part of AOL, Disney owns ABC News], which is subsuming journalism inside it." In this incisive, controversial and well-presented work, the authors have synthesized the committee's findings to lay down nine principles of sound journalism for both those in the industry and the citizens who rely on the free press as a fundamental element of democracy. First and foremost among these principles is journalism's "obligation to the truth." At first glance, this principle may appear self-evident, but as Kovach and Rosenstiel explain, what constitutes the truth is sticky and often misunderstood. For example, the truth may be neither fair nor balanced, nor should it necessarily be, they say. Kovach and Rosenstiel have issued a clarion call to their colleagues, and they hope that all journalists, editors and owners of news organizations will incorporate the principles of the profession as they've outlined them into their everyday work. However, the authors offer no specific suggestions as to how to enact these principles in a wide-reaching or systematic manner. (Apr.)