There will be fewer and fewer free sources as they go out of business.

In which universe?
Where I live, more and more "free sources" are actually getting into business rather than out of it; for instance: TPM, Gigaom,...

It is rather the conventional news operations that are in trouble and having to undergo rescue operation such as Le Monde.

I'm not advocating a "all news must be free" kind of pollyanish ideal. I stated in my comment that my position was not based on any such principle; this is just the facts.

And this free content trend is not absolute either: there are certainly niches for exclusive high added-value paid-for content. I mentioned "Le Canard Enchaîné" in France, but one could find several examples. With no offense intended to Mr Bremner, I don't think that the Times of London falls into that category.

The trend is there and it is not going away. No matter how hard you wish to, the world is not going back to horse buggies. It's another "There Is No Alternative" (TINA), so to speak. Curiously, some people are not too happy when it applies to other trends than neo-lib policies.

Europeans think a hundred miles is a long way. Americans think a hundred years is a long time.