Uh-oh. More newspaper buyouts, this time at the PP.
It’s not just the effect of the internet; as this Wall Street Journal story notes, it’s the health of some key advertisers, such as real estate. Plus, car classifieds are down. Plus, fewer people are reading the newspaper. Plus, the decline in parakeet ownership means less incentive to buy high-quality, low-cost café liners. Plus, you hate us. And so on.
Simple questions: is there room for two newspapers in this town? What can newspapers do to stop the slump - or are they doomed to shrink until they collapse like guttered-out stars?


A Quatrain
In the two great cities of the land of many lakes;
There will be room for as many papers of news daily;
And in addition telling visions, webbed logs;
Talk of rayed Io, weak lees, and in deem ideas.
Yet how many of these shall truly thrive;
Will not be the election of those learned in reading;
It shall come to pass that a Knight of name Parr;
And a Dean of two thousand pounds order the matter.