The story is also being carried by Europe's mainstram media including reputable Dutch news site, nu.nl.

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Rich media, news and economic data from a lockup site in Washington, D.

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Hoping to foster more independent voices in the media, he recently began a collaborative, news-networking site called Newscloud.

NPR: The Few, the Tech-Savvy Few: Option Millionaires

Atlantic Media went heavy on the creativity in naming the business news site it plans to launch later this year.

FORBES: The Atlantic Names Its New Business News Site: 'Quartz.' Quartz? Yep. Quartz.

Its citizen journalism site Your Anon News takes its name from the group's social media news feeds and aims to collect breaking reports and blogs.

BBC: Two men wearing V for Vendetta masks

While many other factors are contributing to the decline of the newspaper industry, such as the recession and a decline in advertising, the very fact that we are discussing this issue here, on a major, mainstream news network's Web site, is a demonstration of the indisputable rise of new media.

CNN: Commentary: Technology is key to success for U.S.