Rory O’Connor sits down with the head of both CBS News and CBS Sports to talk about Katie Couric, YouTube, what it means to be number three in broadcast television — and how to avoid media mistakes in the next war.

What can we expect in the coming news year? Some new news, and some more of the same — more user-generated content, more citizen journalism, more professional journalism lay-offs, more mergers, and more fluff pieces about Lindsay, Paris and Britney–with and without panties.