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Meh. Let the businesses adapt or die.

Its silly because several companies are starting to do alright with the internet, not amazingly mind you. The problem isn't that news isn't a neccesary service anymore. Its just that many people consume it online where the advertising revenue simply isn't a profitable as the traditional model that newspapers had.

They just need monetize tp the content more effectively, either with more effective advertising or transition the old faithful into online subscription services (which shouldn't be too difficult because the content a newspaper can provide, scoops etc and with their generally more quality writering [excluding tabloids lol] should lead to people still using the services) whilst keeping the physical paper going for aslong as ecenomically possible. I think the kindle and the ipad etc will help with subscription services. I know several papers in Australia are already offering subsciptions on the ipad that are doing quite well.

The problem isn't as bad in Australia, I mean we buy like 5 to 6 different newspapers a week in my household (plus numerous magazines). But the trend is the same everywhere, its just more advanced in some places.