The Media Bundle Is Dead, Long Live The News Aggregators [del.icio.us]

What really seems to concern him, however, are news aggregation sites. They threaten newspapers because they are emerging as the new front page which people skim every morning for headlines instead of going to any single newspaper site. Mishkin argues: Historically, the value of those casual browsers was captured by the newspaper because the readers would have to buy a copy. Now all the value gets captured by the aggregator that scrapes the copy and creates a front page that a set of readers choose to scan.