“I knew from my jihad reporting that the captors would be very quick to get online and assess who he was and what he’d done, what his value to them might be,” he said. “I’d never edited a Wikipedia page before.”

“The market conditions that allowed newspaper companies to prosper-including high barriers to entry, effective use of economies of scale, monopoly power in individual markets and centralized production and distribution-no longer describe the news business. Instead, new publishing markets are characterized by low barriers to entry, intense competition, lower fixed costs and decentralized production and distribution, fundamentally changing the economic environment. The supply of news is multiplying across media channels in formats more attractive and engaging than newspapers to many people.”