Newspapers are suffering the same fate as the music industry. Everyone can now be a journalist and get widespread visibility. Pre-internet, there was a massive barrier to entry in terms of distribution.<p>Musicians can at least still monetise gigs since not every kid who records a song in his bedroom can fill a stadium. But for newspapers there doesn&#x27;t seem to be much of a defensible position left beyond brand, and the pressure to keep producing new content is obviously impacting their ability to keep producing high-quality, investigative stories, etc. Instead, lots just seem to fill their web sites with a continuous stream of not particularly differentiated articles. So I think newspapers do have a big problem on their hands, and the solution isn&#x27;t obvious (beyond diversification perhaps)...