While I don't agree with Adam on all fronts (like printing out newspapers at home), his core point is dead on... Now is the time for the next generation of publishers to emerge.
Amid the chaos, there is opportunity. In 10 to 20 years, we will look back and see that new Grahams and Sulzbergers emerged in this period. Blodget, Arrington and Huffington are contenders that come to mind.
They may not fit the notion of "traditional journalists", but their publications are where more and more people are getting their information. I, for one, find Alley Insider to be the most compelling, insightful source for information about the finance, media and technology markets that exists today.