An anonymous reader writes "Boing Boing editor Cory Doctorow depicts an unfortunate near-future for a handful of media industries being transformed or killed by the Internet. Predicting a large-scale transformation of the music, movie, book, and newspaper industry, Doctorow says, 'The Internet chews up media and spits them out again. Sometimes they get more robust. Sometimes they get more profitable. Sometimes they die.' While the Internet has the potential to help the dying book industry, for example, Doctorow predicts the 'imminent collapse' of the American newspaper industry because advertisers are uninterested in spending money on the remaining offline readership, such as senior citizens, who prove less valuable."
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