A timely reality check as the noise levels rise for the anticipated “Kindle 3”; read the full post
What’s more painful to watch is how unwilling so many people in this business are to come to terms with the shift the Internet has brought by wresting control of the distribution of content. The result has been the rise of blogs, Twitter, Facebook and other publishing platforms that are creating micro-brands for what I like to call the Me Media. But the Internet is not solely responsible for the demise of the core media business model; it contains critical flaws. Clay Shirky did a good job of laying out its problems earlier this year, saying: “Society doesn’t need newspapers. What we need is journalism.” Spot on. And new business models will emerge. My ex-boss Josh Quittner of Time magazine thinks one of these models will be “appgazines — that act more like computer programs than Web or printed pages.”
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