Frank Rich on the State of Journalism -- New York Magazine

Frank Rich on the State of Journalism -- New York Magazine: Virtually no one in the news business was prescient enough to imagine just how radical the impact of the Internet would be. But neither were those in most other media businesses that have been upended, starting with the recording industry, the canary in the digital pipeline, which somehow thought it could halt a cultural revolution by fighting Napster in court. In the modern history of media, the reigning giants have nearly always been caught napping by transformative change. When sound arrived to movies in the late twenties, the silent-film industry and the then-supersize Broadway-theater industry were both blindsided