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15 Dec 2008 12:57 pm
The End Is Nigh
James Surowiecki sees an imminent reckoning for newspapers:
For a while now, readers have had the best of both worlds: all the benefits of the old, high-profit regime—intensive reporting, experienced editors, and so on—and the low costs of the new one. But that situation can’t last. Soon enough, we’re going to start getting what we pay for, and we may find out just how little that is.
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