We really suggest you read the whole article written by Clay Shirky. We say this as media bloggers that have to read every knucklehead’s assessment of ‘the state of newspapers’ and the majority of it is repeating tired doomsday hyperbole. Shirky writes a thoughtful, interesting piece that is actually reasonable:
Print media does much of society’s heavy journalistic lifting, from flooding the zone – covering every angle of a huge story – to the daily grind of attending the City Council meeting, just in case. This coverage creates benefits even for people who aren’t newspaper readers, because the work of print journalists is used by everyone from politicians to district attorneys to talk radio hosts to bloggers. The newspaper people often note that newspapers benefit society as a whole. This is true, but irrelevant to the problem at hand; “You’re gonna miss us when we’re gone!” has never been much of a business model. So who covers all that news if some significant fraction of the currently employed newspaper people lose their jobs?
Seriously, take a couple of minutes, read the whole thing and then lets talk about it.