Saving Newspapers?

The best newspapers have always held up a mirror to their communities. Now they can offer a digital place for their readers to congregate and talk. And just as we have seen different models of payment for TV as choice has increased and new providers have become involved, I believe we will see the same with news. We could easily see free access for mass-market content funded from advertising alongside the equivalent of subscription and pay-for-view for material with a niche readership.

I certainly don’t believe that the Internet will mean the death of news. Through innovation and technology, it can endure with newfound profitability and vitality. Video didn’t kill the radio star. It created a whole new additional industry.

Eric Schmidt: How Google Can Help Newspapers - WSJ.com

It may very will be that new ways of consuming online content will bring a new life to advertising. One of the biggest problems with online is lack of context — but consuming a magazine on a digital tablet of sorts may bring context, reduce content ADD, and even bring some richness to formats (ex. size).