Slate's Jacob Weisberg: "I think web-only journalism is fundamentally viable because it doesn't have the huge fixed costs of print—ink, paper, binding, postage, etc. The marginal cost of distribution is zero. Most of what we spend at the Slate Group goes into creating original content. I think web advertising may well end up supporting big newsrooms if they can escape some of their legacy costs. The test I'd most like to see is of a well-financed, for-profit, web-only "newspaper" with no printed version. The problem is that the leading news organisations have a stake in web-only newspapers not working because they will accelerate the decline of the large, if faltering businesses that revolve around print." Read More...