What I’m learning about this upheaval in newspapers, television, hollywood, etc. is that its all about DISTRIBUTION. The content providers (newspapers, tv, etc) in order to maintain their monopoly and pricing power, had to also control distribution. All gone now...
Yup..and actually...I think that once the dust finally settles, there will be a way for a great many good journalists to earn a good living.. They’ll pick a particular field or area of expertise, follow it, and be able to sell their product...to a wide range of users..
Welcome to the world of de-massified media Alvin Toffler prophesized about way back in 1979 when he wrote The Third Wave. And that's EXACTLY what happened when you have 60+ channel analog cable TV, 100+ channel digital cable TV, 150+ channel small-dish satellite TV, 80+ channel satellite radio, home video devices such as VCR's and DVD players, and the public Internet.