Publishers will make or break RSS, not readers
blog.superfeedr.com
blog.superfeedr.com
I also question google and their trite "dwindling numbers" excuse. They've downplayed reader ever since the bootstrap-esque debut of their "stupid bar" its been in the dropdown, even though it is the only thing I ever used/use the "stupid bar" for. This may be my tinfoil hat speaking but something tells me this spring clean has more to do with promoting google+ / fostering real page views (ad views) than anything else.
Agreed on the Google+ analysis though :)
"The Price of Information
The way I view the structure of the news industry is much more simple than the complexity everyone perceives. You have corporate (social group) information producers like the New York Times, Wall Street Journal and USA Today that gather, assimilate, translate, interpret, print and distribute information. The defining characteristic is not the flavor of the information produced, but that they are all selling bundled products.
On the other hand, you have the blogosphere that is gathering, assimilating, translating, interpreting and selling content independently. The closest thing to a common distribution network in the blogosphere is the RSS feed. There are many bloggers in the finance industry selling subscriptions at and beyond the price of print publications, so we know a paid market for information can exist in the Internet ecosystem. The remainder of bloggers are giving their information product away to maximize page views and the corresponding advertising revenue."