Part of the problem with the newspaper business model is that too many journalists make business decisions. Journalists like to point out that newspapers are “giving it away for free” on the Internet. Two minutes before that analytical gem, the same journalist point out that the newspaper is such a great value that the cover price doesn’t even cover the costs of the paper and the printing.
So in another example of world class journlistic analysis, losing money on each paper is better that not getting anything for it. This is the same intellectual firepower that informs all of the journalist’s opinions.