The mass media are falling apart. There are no magazines or newspapers today that have the same high circulation that they had in the mid 80's. It's not all about recessions since the variety has increased and there are possibly five times as many titles as there was ten years ago. Who wants to be one of the pile when they can be unique and have a magazine that caters to the individuals' needs and interests. Mass media is being replaced by niche media which is in turn being replaced by your media.
News wants to be free.
Charging for news is becoming harder. The well-written word, I hope. Old mediums don't die. The TV didn't kill cinema. The film industry is more lucrative today than ever, but it has been changed by a new, complex and packaged media image.