[stevenjames]

I think it will be important for journalists (and their companies) to really think about who their audiences are.

I think it will be important to simplify. And once that's done, I think the majority of people will eventually (I don't know when) pay for content because it will be of higher quality and relevance. (Some do this moderately well now.)

Frankly, I think all parties (i.e. Journalism as a whole) will probably benefit in the long-run. You may see smaller organizations, but that should enable them to adapt more efficiently as things evolve.

The key here, in my opinion, is to not get caught up in fast and excessive growth. You may even extend that to "pull-back/slow down" if you're growing too fast.