Do you hear the cries of all the old school newspaper publishers mourning the lost of their precious paid content model? Well, I live close enough to Little Rock to hear Walter Hussman’s wail and know that he will be the very last to admit it’s dead.

Here’s two evidences of paid content’s passing just announced yesterday:

• New study shows online ad spending will surpass print ad spending in four years
• New York Times to killed TimesSelect paid content

And the rumors are abound that Rupert Murdoch will kill the Wall Street Journal’s online subscription model.