You probably do that very thing online and your publication cost would be close to zero, except for the cost of your labor writing the stories, etc.
I kind of like those e-papers you can turn the page on, with sound effect. Once in a while I check out the one from the Washington Examiner. The Washington Times charges $39 a year for e-mail delivery of theirs. For the WashTimes I would seriously consider it. I know it cost them less than a penny to send me that but still.
http://www.thrfeed.com/2009/08/mostwatched-summer-ever-royal-pains-tops-new-cable.html
Most-watched summer ever; ‘Royal Pains’ tops list
http://www.pressgazette.co.uk/story.asp?sectioncode=1&storycode=44197&c=1
Birmingham Post editor: Going weekly is the best option
http://www.niemanlab.org/2009/08/micropayments-and-the-power-of-free/
Micropayments and the power of free