I heard something today that made me think about the problems facing the newspaper business specifically and the media industry more generally. From Fred Wilson:
I think the problem there is that journalists are not entrepreneurs. And theyre not business people. And they dont want to start companies. And they dont want to have to worry about trying to earn their living on a day-to-day basis. They want to go work in some institution that pays them $90,000 a year and they can just write and they can travel and they can go report and theyre taken care of.