Michael Wolff: Newspaper business is dead ‘right now’

Michael Wolff, longtime media watcher and founder of Newser.com, tells  CBS News, “It’s the end of the newspaper business right now at this point in time.”

And even though Newser.com primarily consists of articles aggregated from newspapers, Wolff is optimistic about the future of the site and content online.

“Were they to go away, however, I guarantee that I can deliver the same information and at the same quality from a broad range of other sources,” Wolff said.