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BigNote ,

This is because the Internet killed journalism’s revenue model. In the past a big metro daily had three main revenue streams; subscriptions, newsstand sales and classifieds/advertising. Newsstand sales is the only leg that didn’t get gutted by the internet, so in order to keep it viable, they have to charge more than they used to, but even then, it’s just not really cost efficient and many major metro dailies no longer print a hard copy version.

One problem with journalism is that since everyone consumes it in one way or another, everyone imagines that they have an informed opinion about it, but unless you went to j-school and/or have worked in the field, you probably don’t.

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