Future of Online Media

Yesterday I had chance to read some blogs and articles about the future of media industry (especially, news reporting). While each discuss on media direction from different points of view, they all share the same thing: "Traditional media is dying and online/distributed media is rising".

Here is the list:

• Out of Print: The death and life of the American newspaper - The New Yorker<br/>Very long but is the most cited one. The main idea is decline of newspaper income and circulation.
• The tech world's lesson for newspapers, traditional media - Ars Technica<br/>Discussion of above New Yorker article
• Finding Political News Online, the Young Pass It On - New York Times<br/>The way of consuming news is changed. People heard news from 'social' instead of reading/watching traditional media directly.
• More Bloggers Raising Money. Here Come The Politics. And Here Comes My Rant. - TechCrunch<br/>Michael Arrington writes about business opportunity of blogging networks. Highly Recommended.
• Six Months In, And 600 Posts Later . . . The Worlds Of Blogging and Journalism Collide (In My Brain) - TechCrunch<br/>A Point of view from TechCrunch editor, who just switched from jobs at Time Inc. He differentiate the way of work between both.

I have my thought on these as well but it's quite dispersed. Need some more time to think and re-iterate my thought.