I don't know if there was a realistic adaptation they could have made. What would they have done, short of simply abandoning their business and becoming a massi

I don't know if there was a realistic adaptation they could have made. What would they have done, short of simply abandoning their business and becoming a massive social network publisher earlier than the ones that ended up winning? I think what happened is that it turned out the real value newspapers provided wasn't the expensive high-quality content, but simply the printing and distribution which used to have immense barriers to entry. The Internet shattered those barriers to entry, and it turned out that all that people wanted was to have access to some timely shared national/regional/local content and that the cheaper content would tend to win.