Arguably, this could have been fit under the "dead three media" thread but I thought it deserved a thread of it's own.
Writing in The New York Observer, John Koblin pointed out that when Forbes, Portfolio and Fortune went through recent retrenchments, the Web staffs were hit the hardest. That may be just an old print reflex, but there is a rational argument to be made that the part of the apparatus that has a working business model, declining or not, should receive the resources.