I keeping beating the dead horse of journalists’ knowledge about their own business, and here I go again. Complain about staff cuts, focus on the quality of the content, whatever, just stop ignoring the reality of the business, which is that advertising is going away, finding new paths to consumers. No paywall will stop it. The news end of the industry keeps doing what it can to keep up with the customer, but the business end of the industry has proven inept at solving its part of this riddle. Is that because the folks there aren’t that good, or is it just that any good solutions are much harder to find?
11/27/12 UPDATE: Alan Mutter has another chart: