For all the talk about the death of newspapers, it's been pointed out more than a few times that most newspapers remain wildly profitable. It's more a fear of the future and jittery investors that are causing the latest newspaper industry shakeup. Adam Thierer has some more support for this in a couple of recent studies that suggest the old paper newspaper is anything but dead. One highlights the rapid growth of free dailies over the last few years in major metropolitan areas, while the other points out that people still look to their newspapers for local information. Both of these suggest ways that local newspapers can respond to the "threat" of the internet, if they choose to follow through.
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