MSM Discovers That Blogging is, Doh, a Business

Further to my post about the New York Times lack of understanding of why blogs are a great deal for advertisers, AdJab notes: "If a blogger honks off GM, GM doesn't have the economic leverage with a blogger that it does with The Los Angeles Times and therefore the blogger remains unfettered by GM's displeasure. That model is what gives bloggers their freedom."

Paid Content has a compendium of recent MSM stories discovering that blogging is, doh, a business.