Of course, this is only part of the problem, the other is that technology is not their friend. People don't need to buy a paper anymore. What's that saying ... adapt or die?
The Post and other papers are dying because of technology and nothing else. Even a 100 percent conservative newspaper today would be dying. It has to do with Ipads and other items that give you instant news and the stories that go with it. London is a bit different in that most rid the subway to work so they have the time to read an actual newspaper or some will read the Ipad but they will have newspapers longer than America because of the transportation differences.
Public Service? You gotta be kidding me. The only 'service' the Post offers is help for Democrats and lame crumbs for token Republicans. If a company put out toasters - and half of them caught fire - the company would go under - as it should. Same with the Post.