Business Models on the Internet

And their models failed: One no longer exists, and the other is
doubling down on "Joe the Plumber" webTV. This doesn't mean that
similar publications and networks won't eventually succeed, obviously.
But it's a reminder of how far away "eventually" might be, and of why
people keep talking up endowments as the only plausible way of keeping certain forms of journalism going
in the post-print age – because the old business model is dying without
anything cropping up that seems remotely capable of taking its place.
One Huffington Post, I'm afraid, does not a dynamic new-media future
make …