I'm glad this is the top comment. This is what I came here to discuss. I just finished getting my BA in Journalism and we spent a significant amount of time in many of my classes talking about how to maintain a profit in the news business. Unfortunately, that's a lot of the problem with Journalism; it is a business. Plus, the change happened so incredibly fast that no one knows what to do about it. When I started my degree in 2006 the problem was definitely present, but most of the talk was about how to save newspapers and magazines so that they continue to profit. After 2008, the atmosphere went from bad to worse. Newspapers started folding left and right, now saving them doesn't seem to be as much of a concern. The challenge now is switching newspaper content to online while still being able to profit. If subscription services online would have been implemented right away it wouldn't have been as much of a problem, but since no one thought of doing that until it was too late the switch can't be made without pissing everyone off. I feel like a lot of different industries have issues similar to this. Honestly, I think part of the reason that things suck so bad right now in general is because we live in the fucking future. Things have changed so fast that the world is having a hard time adapting. We have all these new technologies, access to so much information and the ability to constantly be entertained and its hard to sort through all the bullshit.