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Blogworthy story over at Boston.com entitled, “Why Google makes everyone else nervous: Firm’s ad-based software is changing the media landscape.”

The effect can be seen in falling profits, staff cutbacks, and programming changes in the media industry, but the changes brought about by the Google model may be only beginning. “As they go forward, you’re going to see the corporate jets disappear for the executives of NBC and the Internet service providers,” predicted John Katsaros, principal at the Internet Research Group in Los Altos, Calif. “You’re going to see slow, agonizing deaths or reevaluation of businesses.”

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