Clay Shirky has some some truths: "Maybe 25 year olds will start demanding news from yesterday, delivered in an unshareable format once a day. Perhaps advertisers will decide 'Click to buy' is for wimps. Mobile phones: could be a fad. After all, anything could happen with print. Hard to tell, really."
The other significant point is that journalists are being kept deliberately in the dark about the fortunes of their employers. When asked to estimate their own circulation, they overestimate it by an order of magnitude. It's the sharp between the newsroom and the business side: "