Here's something new and interesting on the decline of newspapers.

A longtime Los Angeles Times reporter, William Lobdell, has left the paper and provides his list of the 42 Things I Know about the newspaper, its challenges and its future in the Web 2.0 world.

Here's a sample, from Lobdell's blog:

There is plenty of uncertainty about the newspapers, but this much I know:

1. I made the right decision leaving the newspaper business.
2. That’s not to say I’m happy about breaking up with my one true career love.
3. But the business model for newspapers is broken.
4. No one has figured out how to fix it.
5. That’s probably because it can’t be fixed.

There's a lot more in the post worth reading ... from someone who's actually been in the trenches.