They aren't seeking to regulate it. They need the new media, apparently. They are just expressing their grief over the new media when it blows up in their faces. Face the Nation had another segment today that made me laugh. Our esteemed host blamed the entire debacle on the new media's lack of journalistic integrity. He even went so far as to ask that the new media do its job and check for its authenticity to save "us" (old media) a lot of trouble.
Basically, I found it hilarious that so far a lot of old media types are yelling at the new media (which never even had journalistic credentials to begin with, and many do not want to follow journalism standards in the first place-because they don't see themselves that way) for doing exactly what new media does, while it was old media who fouled the whole thing up.
Old media's job is to have journalistic integrity. It's job isn't to merely pass on what the internet has to say: it's to check facts before talking. New media can do all it wants, because there is nothing there to say they need to do otherwise.
Old media needs to quit blaming new media for its own laziness.