''Core competencies"

OK, the marketplace seems to be turning away from newspapers. But does it follow that consumers are turning away from journalism as well?

Today's Wall Street Journal editorial page says not:

Gathering news, reporting stories and making editorial decisions about what is important and of interest to readers -- these are the core competencies of newspapers. And the Internet hasn't changed those jobs at their fundamental level. Both the skills required to do them well and the newspaper brands with reputations for integrity remain valuable in the information marketplace.