It's not so much that their cost structure has changed--it's that their revenue streams have dried up. Fewer people are reading physical papers, and web ad reve

It's not so much that their cost structure has changed--it's that their revenue streams have dried up. Fewer people are reading physical papers, and web ad revenue has been on the decline for the past couple of years. You can't compare the New York Times to a website run by a couple of people. Most small news sites get their content from other small news sites or from larger organizations that do a lot of the actual reporting (like the New York Times).