Reflections of a Newsosaur: Fat newspaper profits are history
1
"To date, most publishers have elected to buttress their profitability as much as possible by attacking the two most elastic expense categories: staffing and paper consumption. But this short-sighted effort may be compromising the quality of the core product to such a degree that it actually may speed the decline of the industry as publishers attempt to transition to a new, more sustainable business model – assuming one is out there."