Businesses are quickly changing. Print to the web. The web to mobile. With each shift, revenue is lost.
Most of the talk to solve these problems revolves on finding new models. There is a good study on what is facing news papers out today.
We all know that if they don’t adapt, they will go out of business. If I were at a newspaper, I’d focus on one thing. Online communities. Don’t compete on features, don’t compete on content. Figure out how to connect everyone locally. Use your print assets to drive web communities. That will give them a base to deeply innovate and succeed in the future.