While there are some European challenges, the New York Times today outlines how the situation in other countries isn't as problematic. NYT focuses on an Organization for Economic Cooperation and Development (OECD) report on media in its 31 countries that demonstrates the challenges are rather small compared to those in the U.S. (A Canwest News Service report on it is here.)
Copyright protection is a focal point in some countries, particularly as their media shift more resources to digital, but the overall economic picture isn't bleak.
Which raises a question: Are media in other countries being led around by American prescriptions for problems they do not have? And another question: Are those problems merely delayed? Or: Are they simply the problems of American media?