NYMag Nails The Progress of Digital Publishing

NYMag‘s Daily Intel published today one of the many stories about the $1B purchase of Instagram by Internet giant Facebook. This story gets it right in so many ways.

What was a website is now a product, what was a webmaster is now a product manager, and, then the main point of this all — the content: “This is, after all, the way of our new product-based civilization — in order to participate as a citizen of the social web, you must yourself manufacture content.”

What’s next? Stay tuned, this buyout promises to shake up a lot of the landscape quite a bit.