User generated content has vastly decreased the value proposition of newspapers. Looking at sites like Reddit, a lot of users read the headline, maybe skim the

User generated content has vastly decreased the value proposition of newspapers. Looking at sites like Reddit, a lot of users read the headline, maybe skim the first paragraph or two of the article, and then go straight to the comments. Where people would once have read articles from multiple view points about a particular issue, they now read the headline and get opposing views in the comments. This is exacerbated by the fact that there are hundreds or thousands of news sources all paying someone to write an article about the same bit of information. The industry is going to end up collapsing to a much smaller number of organizations and they'll likely become profitable as the user views aren't split among so many sources.