Alex Jones writes that the implosion of the business model for traditional media is creating a vacuum in the type of news gathering, analysis or revelatory investigation which is in the public interest.
You go to an airport and all you see is magazines. Even the books look like magazines. There are at least seven separate magazines still interested in Jon and Kate. Dead? Magazines? Who says so? The Internet.
One reason not to go into journalism: the inability of its proprietors to figure whether, or how, to charge consumers for online content. You can't just give the stuff away for free and hope to succeed.