How will journalism survive the internet age?

Google’s economist-in-chief, Hal Varian, was the keynote speaker this morning at the Federal Trade Commission’s second round of hearings on the future of journalism. (The study is entitled “How will journalism survive the internet age?” Round 1 was held in December; transcripts and other material are linked here — scroll down. Not to be outdone, the Federal Communications Commission also has a project studying pretty much the same thing.)

Here’s the slide deck from Varian’s presentation, entitled “Newspaper Economics, Online and Offline”:

Nieman Journalism Lab