The Moderate Voice has a nice piece about the end of mainstream media.

It's actually related to a piece on Dan Rather and CBS... The first part is found here.

Does CBS's Humiliating Downfall Signal The End Of The Mainstream Media Being Mainstream? R.I.P. the mainstream media as a covert de facto political party. That's essentially what Newsweek's Howard Fineman writes in what is basically an obit for the mainstream media as we have long known it.