Likewise, consumers have other sources to meet their needs in addition to journalism. Her post is an interesting look at why journalism doesn't carry much economic value and why, as Robert Picard put it, journalists deserve low pay, and what might be done to put the value back in journalism. Good reading.
It's like the movie theater in the small town where I grew up. A small, family-owned theater, it only played second-run movies. It was open only on Friday and Saturday. There was one screen, and one new movie each week. From the time I was 9 or 10 years old, I went to that theater every week, no matter what was playing. I had very little access to movies otherwise.
Today I have Netflix, BitTorrent, and hundreds of cable TV channels.
The family closed that movie theater back in the early days of the VCR.
(Apache Drive-In Theater in Globe, AZ, Submitted by R. Svirskas to Wired)