Yeah, this is pretty much it in a nutshell. Journalism as a business only really worked when there were significant gatekeepers to publishing information on a l

Yeah, this is pretty much it in a nutshell. Journalism as a business only really worked when there were significant gatekeepers to publishing information on a large scale, where competition was limited and where these publications were the best place for advertisers to advertise their wares. That's not coming back. Any journalists who think the 'old world' is going to survive in the internet era are flat out delusional. You cannot undo time and technology, and you cannot try and freeze society at the turn of the millennium. Hence the solution isn't to throw money at all these sites and publications, especially given they almost certainly won't be sustainable in today's economic climate. It's to find new ways of distributing information for a new generation, one that doesn't involve ads, subscriptions or newsrooms full of wriers.