"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."