I've been sitting on this article for a while, meaning to respond to the many points it makes, both good and bad. It was published last week. In short, it's an excellent review of the current state of the newspaper industry.
Like I suggest, there are points that I agree with, and points that I don't. I will try to write that post in the near future, but if you have any interest in the current state of f the industry, read this (very long) article.
I will be traveling (in Dublin) this weekend, and will have limited internet access.