Wired EIC/blogger* Chris Anderson describes the basket o' impending doom that is the modern media industry:

Music: sales last year were down 21% from their peak in 1999 Television: network TV's audience share has fallen by a third since 1985 Radio: listenership is at a 27-year low Newspapers: circulation peaked in 1987, and the decline is accelerating Magazines: total circulation peaked in 2000 and is now back to 1994 levels (but a few premier titles are bucking the trend!) Books: sales growth is lagging the economy as whole

But videogames, movies and the web: up! In short, bad year for useful sources of information; good year for mindless entertainment and the Internet. Or is that last bit redundant?

*We're increasingly tempted to start referring to anyone who has even a passing association with blogs as "blogger" no matter what their primary occupation or professional history. Blogger James Wolcott. Blogger Keith Olbermann. (Blogger Barry Diller?) We doubt Anderson would mind, but we can almost feel the rest of them twitch when we do that. Fun!