Essential reading for future of media
http://www.shirky.com/weblog/2009/03/newspapers-and-thinking-the-unthinkable/
http://www.techcrunch.com/2009/03/22/why-advertising-is-failing-on-the-internet/
There’s no future in the old structures for open journalism outside the shelter of not-for profit foundations. The few that do survive, from the for-profit media, will be PR fronts.
We need to get on with building a working people2people media, the second link highlights why this is so important.