“The Christian Science Monitor will become a weekly; Time Inc. is going on an austerity budget; the NYT is reeling. The move to digital is inevitable. But some media giants probably won’t survive the crossing, especially if this recession endures, as it surely will.”
Sure, people were lining up for newspapers after Obama was elected, but that was more for a souvenir than to read the news.
Pretty soon, the equation will be:
digital media = The media.