Turning back time: Blogs go to newsletters?

I was just skimming my Google Reader feeds when a post By Nick O’Neill on the Social Times caught my eye.
His headline read “Blogs Turning to Newsletters for Revenue?” and my immediate thought was “What!? Is it 1998 again!?”
Nick writes
An interesting trend has started over the past couple days. This weekend Jason Calacanis announced the he was no longer blogging and was instead switching to a newsletter. Initially he suggested that he was limiting the number of subscribers to 750 but soon enough that number was surpassed and there is no sign that it’s stopping. Then today Caroline McCarthy published …read more