A balanced look at media business plans

There's been so much written about media business plans lately that I've grown weary of even posting to them. However, Advertising Age (long one of my favorite places) weighs in with a nice, balanced look at the world we live in now. It presents a balance in arguments for various models, and includes some details on the successful Arkansas Democrat-Gazette that successfully charges for online access, adding to this nagging sense I have that newspapers really blew it by not charging for online.