Print start-up costs are massive.
Internet start-up costs are tiny.
So if all 'mainstream' news sources make themselves PPV, then small, independent, amateur and citizen journalism will just get a huge shot in the arm. The most successful will see their advertising revenues increase, meaning that some of them will be able to make it a full-time occupation and go 'pro'. When the big multinationals and conglomerations see this they'll latch on to the idea that by providing a free news site they could gain a marketing advantage.
A gross generalisation, but we'll end up with a mix of two types of news site. One will be those provided by major companies, laden with brands and advertising and heavily spun to the corporate line. The other will be 'blogosphere' style stuff. Probably no less skewed, but in a different direction, and lacking the resources of the big players so likely more specialised.
If the 'old media' had cottened on to this a while back then they may have been able to survive by adapting their business model towards providing microsites. As it is, they're fucked.
Of course, the content itself will all be provided by reuters et al. No change there.
Corax has spoken, and it will be.



