That is the gist of Christopher Kimball's argument found here. http://www.nytimes.com/2009/10/08/opinion/08kimball.html?_r=2
Kimball is the publisher of Cook's Illustrated, author of several cookbooks, and host of "America's Test Kitchen". He bemoans Conde Nast's decision to close Gourmet magazine (with three others) and he clearly blames you knuckleheads that read and/or write food blogs and search for recipes online.
"The shuttering of Gourmet reminds us that in a click-or-die advertising marketplace, one ruled by a million instant pundits, where an anonymous Twitter comment might be seen to pack more resonance and useful content than an article that reflects a lifetime of experience, experts are not created from the top down but from the bottom up."
I would argue that an issue of Gourmet (I once had a free subscription) was a collection of a few recipes buried under hundreds of annoying advertisements. The magazine was more like a woman's fashion magazine than a cooking periodical. To me, it was too similar to other checkout rack garbage to bother renewing when the free subscription lapsed.
Kimball's rag uses an entirely different business model. His magazine does not contain scores of scratch and sniff perfume and Jaguar ads. Subscription and retail sales drive his business (along with many pull-out mailers hawking their latest book). Maybe he should have focused his criticism on Conde Nast's business model as he has not gone down the same road.
Cook's Illustrated is another periodical to which I no longer subscribe. I grew tired of all the provincial New England type recipes but what really turned me against the magazine was their God-awful attempts to cook anything that did not include roast turkey or "chowdah". An "Essential" salsa recipe better have more than one jalapeno in it or you are just a bow tie wearing candyass afraid of anything that actually has flavor. Stick to "chowdah".
Kimball's editorial in the NY Times confirms his status as an effete snob. I will continue to both shun his products and use the Internet to find things I'd like to cook.
Unlike Mr. Kimball I welcome your opinion. Now, if you will please excuse me, I have to go microwave a SpagettiOs, corn dog and Cheez Whiz casserole recipe I found online.