glories of the past are gone

Glories of the past are gone, financial that is and for the music industry. They need to transform to a promising future in ringtones, downloads and streaming. That is the guardian media verdict for Monday 2nd. For newspapers it turns out that "print is not dead" but they seem to be aware of a transformation and news organisations are coping quite well as revenue increases slightly when you include online. Another encouraging sign is that Peter Preston boasts of the UK newspaper success with websites that score well with page views from the USA. I think the Guardian is making a move. However the new model may still need more respect for the readers/contributors than print journalists are used to.