Comment It's the problem (Score 3, Interesting) 140
How do you make what you do pay when the distribution medium changes? While we like to celebrate the Internet for it's ability to disseminate information, the fact is that gathering that information has to be done by someone. Bloggers have done quite a bit in terms of gathering news, or breaking it, but the problem is that most of it is scattered, and tends to be narrowly focused. The other stories, coverage, and news is still done by the traditional media. It's going to be that way for quite a while - we need people who have expertise (and get paid for that) to dig into the complex stories, we need organizations who are going to aggregate it and check it. The actual functions of newspapers and television reporting are needed, but the distribution channel changed. The question for them is can they hold on long enough to make what they do pay in a new medium.