the scramble for cyberspace

Would there be a mad scramble for Cyberspace? The owner of New York Times wondered aloud whether the paper will still be printing in the years to come. He is staring at the pace in which blogs and internet forums are gaining viewership and encroaching into the once protected territories of the Main Stream Media. And now the migration has started. Readers are getting numbed by the daily servings of tasteless news in the MSM. And for countries where the news is so controlled and managed that they sing the same song according to the conductor or theme of the day that reading one is as good as reading the rest. The Alternative Media will only gain popularity by the days. It is only a matter of time when the Angels or Venture Capitalists or entrepreneurs will find it a good long term bet to acquire some of the blogs and forums and merge them together under a common platform, throw in some advertisements, advertise it aggressively, and lo behold, a credible challenge to MSM will appear, in Cyberspace.