Paul Starr is worried about newspapers:
The reality is that resources for journalism are now disappearing from the old media faster than new media can develop them. The financial crisis of the press may thereby compound the media's crisis of legitimacy. Already under ferocious attack from both left and right for a multitude of sins, real and imagined, the press is going to find its job even more difficult to do under economic duress. And as it retrenches in the face of financial pressures, [Tom Rosenstiel, director for Pew Research Center's Project for Excellence in Journalism] says, "More of American life will occur in shadows. We won't know what we won't know."