Yes, I figured out why there is no conservative newspaper. I published and ran the Palisades Times for nearly two years, a conservative Ronald Reagan type newspaper (Pacific Palisades is a suburb of Los Angeles where Pres. Reagan lived before being elected President).
Conservatives refused to open up their pocketbooks to actually pay for advertising! We gave great pro-Republican coverage to the local Republican party, as well as the County and State GOP. We did interviews with all the candidates, both at the State, Local and Federal level.
For over a year and a half we carried the water for the GOP in California. We spent big money hosting debates, hiring reporters, etc. And the cheap-skate Republcans refused to advertise in our paper. Oh, they loved the paper, they told everyone to read it. They just refused to help us out by buying advertising.
They had no problem advetrising in the local leftist rags mind you. Sure, they had big circulation that got to many people, but how were we to get big if we never could get advertisers?