Things aren't looking much better in the newspaper business either. By way of BoingBoing:

"I think I'll remember last week as the moment when I finally knew, with a certainty approaching fatigue, that the newspaper industry – the business and passion that both shaped and warped me over the past 20 years – had chosen ritual suicide. The choice appears grimly reached and irrevocable."

"The issue is “paid content.” That's the generic term. I consider it a euphemism for an entire suite of frustrations and furies that have been boiling out of my former profession since its once-invincible business model began its final slide to the deep in 2008...."

"Does it matter that this is an idea with a known, recent history of failure? Or that human beings have no intention of paying for news they've always received for free? Does it matter that we already know a return to the paywall-era of the early 2000s will cost these legacy media companies money they will never recoup? No, no and no."