Newspapers killed themselves

Good piece on death of legacy newspapers and rise of niche publications. While it doesn't say anything new, says it eloquently. Money quote:

Yet, almost no one protected the public interest. Almost no one chronicled Wall Street's excesses. Almost no one kept watch over Washington's capture. Almost no one defended the swelling ranks of the vulnerable. Those few that did were marginalized — instead of lionized — by the industry itself.

Sad part is the owners of legacy dead tree media just don't seem to get it. They think they can solve their problems by charging for crappy content. [Via Jay Rosen]

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