David is so often on the money, and he nails it here, but crucially the first quote I’ve pulled is only part of the story:

In consumer publishing it is really hard to find examples of players once great in print who are now able to operate in network terms with a similar facility .

There’s much more more:

I also feel that the portfolio days of B2B have drawn to a close. Investing in disparate service elements in niche markets no longer adds sufficient value to be justified , and if the future really is around workflow emulation, as this column has been suggesting, then the niche positions do not cut it without a great deal more content and software.

via David Worlock | Developing digital strategies for the information marketplace | Supporting the migration of information providers and content players into the networked services world of the future..