We don't need newspapers. We need journalism.

This is the best perspective on the demise of printed newspapers I've read. Clay Shirky documents the various business models that didn't pan out (micropayments, prosecuting copyright violators, etc.) and a view of how messy this revolution will be - given how messy the period between 1400 and 1500 was with the introduction of Gutenbergs' printing press.

What happened to the buggy whip makers when horse and buggy went the way of the automobile? What happened to the telegraph as a key news source when radio trumped it? We survived with something better.