In a longish essay called "Are Newspapers Doomed," (published in Commentary), the author Joseph Epstein suggests some reasons that print newspapers--at least as we know them--may not continue much longer. He links the change in appetite for print newspapers to, among other things, the blogosphere:
[T]he young are hardly alone in turning away from newspapers. Nor are they alone responsible for the dizzying growth of the so-called blogosphere, said to be increasing by 70,000 sites a day (according to the search portal technorati.com). In the first half of this year alone, the number of new blogs grew from 7.8 to 14.2 million. And if the numbers are dizzying, the sheer amount of information floating around is enoughto give a person a serious case of Newsheimers.But this isn't an essay on journalism versus blogging. It's much broader and perhaps, a lament for the glory days of newpaper journalism: "About our newspapers as they now stand, little more can be said in their favor than that they do not require batteries to operate, you can swat flies with them, and they can still be used to wrap fish."
Astonishing results are reported when news is passed from one blog to another: scores if not hundreds of thousands of hits, and, on sites that post readers’ reactions, responses that can often be more impressive in research and reasoning than anything likely to turn up in print. Newspaper journalists themselves often get their stories from blogs, and bloggers have been extremely useful in verifying or refuting the erroneous reportage of mainstream journalists.
Well worth reading.