Death of Newspapers, not the News

I am borrowing that headline from somewhere, just don't remember where! I think it summarizes the impact Blogs, Podcasts, and the Web in general, are having on the way news, information, and entertainment is being created and delivered. Blogs and Podcasts allow anyone to be a publisher and reach millions of people, potentially, with what they want to say. True, they may not have the editorial review behind them to insure credibility, etc, but I wouldn't discount the "free market" effect the web has on incorrect, inappropriate, or zero value content. More broadly, user created content is pervasive today. Sites like YouTube, Flickr, are visited by millions and have a huge impact. Traditional providers are using those channels today in addition to information channels they have used before. Those same traditional providers of news are turning to user created content to compliment their professional staff of writers, especially for small town or obscure stories. All in all, its blurring and changing in real time.