New Services Help Bloggers Bring in Ad Revenue: If you're not making money off your blog, 2008 might be the year.
Bottom-Line: Media Cos. Must Restructure Or Face Consequences: Even if Internet advertising grows by 50% this year, the incremental impact would be only 1.5% on aggregate revenue for the media conglomerates. [...]
Media companies are destined to remain undervalued until they fully integrate new digital business models and develop the metrics necessary to quantify gains. Revenues, earnings and cash-flow projections are based on core businesses, many of which are declining or in flux. Companies’ legacy operations will require a complete overhaul. This involves such formidable tasks as physical and technical conversion, as well as workforce reconstruction and reduction.
Web companies' dark side: Few jobs: Some of the biggest Internet companies are growing like weeds, serving millions of customers a day and operating globally. But, as commentator Nicholas Carr points out, they tend to employee very few people. [...]
Past technological revolutions created a lot more jobs than they destroyed, but that doesn't seem to be happening with computerization, and if companies like YouTube, Skype and Craigslist are any indication, a lot more jobs may soon be at risk.