We've focused a lot here on the challenges facing the newspaper industry, but magazines too have a great deal of work to do if they want to compete effectively in the new, digital world.

paidContent.org conducted an interesting interview with Ann Moore, CEO of Time Inc., about the magazine giant's experiences online.

Rafat Ali: I know there was a comment you gave at one of the conferences recently, that there is a real business here in terms of the online part. What did you mean by that?