but where it’s going, no one knows1
Nifty article here about whether the crisis in the newspaper industry does or does not mean the end of journalism, and how nobody knows how to convert the inherent value of a well-done blog with a consistent theme & loyal readership (*cough* wetmachine *cough*) into money. This is not an especially new subject, but the article is well done with some telling anecdotes & a bit of a contrarian angle.
(1) Nick Lowe/Rockpile approximate lyrics below the fold