I predict the existing news orgs will quickly be gobbled up by Twitter, Facebook, LinkedIn, Google, even Groupon and Zynga, and their founders. They are hugely undervalued.
Unfortunately for the news orgs, they are unable to grow into this opportunity because ownership and management have no sense of adventure, no excitement for the future of the most exciting craft in the future, news.
Wha? Require people to join Twitter (or FB) to read the NYT? No thanks. It’s not fucking Spotify or Turntable.fm. For the NYT to be owned by Zynga would be even worse than being owned by a shady Mexican billionnaire.