"That may be naive. I am not doing his question justice, but Martin Wolf (the Financial Times’ esteemed chief economics commentator) asked the bloggers’ panel how we thought news organizations could survive, and the subtext was that he thought blogging represented a direct challenge to the traditional news franchise, not simply due to loss of eyeballs (although that is bad enough) but also that news organizations are devoting resources to blogging (not just the Reuters model of hiring full time bloggers like Felix Salmon and Rolfe Winkler, but commentators like Paul Krugman and now even Wolf himself having blogs)."

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