AG highlights the carnage in the recent audit of newspaper circulation. The short version: we all knew the industry was dying, but the end would appear to be closer than even the pessimists anticipated.
The Senile Old Lady is now under a million readers a day. Think about that for a minute.
To me the answer seems a bit obvious: if newspapers can't turn a profit any more, it's time for communities to start looking for not-for-profit sources of news. But that's easier to glibly say than to put into practice.
On the other hand, when the White House correspondents for major networks apparently can't tell news from nonsense, I start wondering if the newspapers can't take the rest of the journo-industrial complex with them when they finally die off.