Abb,
The same numbers hold for the NYT.
The papers owned by Zell, the Chicago Tribune group, will be gone in less than that.
None will succeed as internet entities because they can not operate in either a “lean and mean, “non-hierarchical” or “news NOW” mode.
BTW, Television as we know it will be gone in 5-8 years.
Correct. It’s all about the ease of distribution. Giant paper mills, printing presses, hand delivery door-to- door, etc, for newspapers. For TV, satellites, microwave relays, towers and transmitters, studios, etc.
Why spend money on all that when you can distribute video, audio and print to the entire world with the click of a mouse?