Catching up with some of the many unread posts in my newsreader yesterday (busy days), I found this interesting Bloomberg-interview with ContentNext founder and publisher Rafat Ali, well worth listening to.

Paidcontent sums it up neatly as as Ali "giving a frank forecast of the climate for media and the economy in the next few months. It boils down to: layoffs, consolidation and pay-back time for social media.":