I'm more or less with Koppel, however, I will take issue with one statement:
The transition of news from a public service to a profitable commodity is irreversible.
The St. Petersburg (FL) Times clearly shows the way that media, and newspapers in particular, can re-make themselves as non-profits. This seems a reasonable path to survival for what's left of your local newspaper, in my opinion, but more on that to come.
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