Link: Goodbye to the Age of Newspapers (Hello to a New Era of Corruption)
Online there is certainly a great profusion of opinion, but there is little reporting, and still less of it subject to any rigorous fact-checking or editorial scrutiny. Other than news aggregators such as Google News—which link to articles from publications that still derive most of their revenue from print—the most successful news sites are oriented to specialized audiences. No online enterprise has yet generated a stream of revenue to support original reporting for the general public comparable to the revenue stream that newspapers have generated in print.
