By far not dead at all....
There are so many levels to selling content that its unreal, hell its what makes this business!
Saying that the content market is dead is like saying the Adult online business is suffering and like Aaron pointed out that is not likely to happen anytime soon LOL
You got to be more inventive now a days and i doubt anyone will survive with a content site if they only cater the small webmasters.
Semi exclusive is taking over the online content business slowly and with good reason as well and that is a big reason so many studios are opening, hell thats why we started one as well!
Hell im about to open another content store so i damn well dont hope the content business died last night