Because people will pay for 'NEWS' but not for newspapers. People will pay for upto the minute stock market data rather than the 15min delayed version, they wil

Because people will pay for 'NEWS' but not for newspapers. People will pay for upto the minute stock market data rather than the 15min delayed version, they will pay $1000s for market reports, they will pay for WSJ articles on companies they want to buy. But most newspapers aren't selling news - they are selling entertainment. I don't pay to find out the death toll in some plane crash the day before - I pay for a newspaper to read columnists, editorials, cartoons. That's why sunday papers are the largest and most profitable. It's like the difference between paying to watch a movie and reading the plot summary fro free on IMDB.