But you can't really talk about revenue in the absence of expenses. It costs money to print and distribute newspapers. If it costs you a dollar to print a new

But you can't really talk about revenue in the absence of expenses. It costs money to print and distribute newspapers. If it costs you a dollar to print a newspaper and you have a million subscribers, you have have a million dollars in revenue even if they're only paying seventy five cents for a paper. She's made a compelling argument that news organizations are having a lot of trouble making money online. But it's not at all clear they can make money off the print edition either. Newspapers are in a vicious cycle - they have fewer subscribers so they cut costs, which makes the paper less compelling, which leads to fewer subscribers... News organizations aren't moving to the web because they want to. They're moving because their old business model was destroyed (by craigslist, mostly). I haven't read him in awhile, but Jeff Jarvis (buzzmachine.com) used to be a good read on the subject.