Wil: Lean media vs. fat media
Wil Harris, who is frequently on This Week in Tech, wrote a piece last week on TheInquirer.net where he touched on the fortunes of Ziff Davis, PC Magazine, DL.TV, Revision 3, ValleyWag and TWiT.tv, and the costs required to keep each of these enterprises going. See: "Tech rags forced to face unpalatable facts."
"The lesson is not that old media is dead," Wil wrote. "It's not that new media is better. It's not that the content giants don't know what they're doing. It's not even that old companies suck to work for, hence the recent spate of defections. It's simply that new content startups understand the value of being lean and mean and constraint-free, whereas old media houses are too stuck in the mindset of big, fancy and infrastructure-bound."