Article: Can 20th-century news survive in a digital world?(Cover story)

Until fairly recently, if you wanted to publish a news article or magazine feature, it required a large staff and huge presses housed in vast buildings. It took great wealth to buy the means to publish and a factorylike process to sell the ads, produce the news, and distribute the product. Because newspaper production was well beyond the means of most people, we relied on newspaper and magazine publishing companies with the requisite resources to produce the news for us, and in return, they charged large sums of money for display and classified ads--and they thrived. Today, that's all changed.

The cost of content production and delivery on the web has plummeted ...

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