As a part of the Intelligence Squared US debate series, BloombergTV will be broadcasting a special debate titled “Good Riddance to the Mainstream Media” this evening, tomorrow, and Wednesday at 9pmET.

The debate centered on “the viability of the mainstream media,” and the debaters included Vanity Fair/Newser.com’s Michael Wolff, Politico co-founder Jim Vandehei, and Phil Bronstein, editor-at-large of the San Francisco Chronicle.

NYTimes’ David Carr countered arguments that the major media organizations won’t survive and argued a point that some in the TV news biz have also argued: “…The New York Times has a news budget of two hundred and twenty million dollars, dozens of bureaus all over the world, many other news organizations have the same footprint. And we’re going to toss that out — which is the proposition — toss that out and kick back and see what Facebook turns up. I don’t think so.”

Hearst Newspapers editor-at-large Phil Bronstein is the latest blogger to call out Jon Stewart for his rant against TV news. Stewart made the comments at a DNC breakfast Monday morning. He called 24-hour news channels “gerbil wheels” and took particular aim at Fox News saying their Fair & Balanced claim is an insult “to people with brains.” A Fox spokesperson fired back calling Stewart “out of touch.” Some on the Web, including Bronstein, agree:

I look to Jon for great irreverence, brilliant, rapier-like insight and hilarity. Please, Jon, don’t start saying what everyone else says. Unless you’re going to satirize yourself…Jon sees cable news as a circus but thinks only certain people can get away with wearing the red nose and big, floppy shoes?…Come back, Jon!

Jossip was even more direct with their post yesterday: “congrats, Stewart — this is what you have helped wrought. Now wipe that self-serving smirk off your face, and find a new punchline.”