The problem with the industry is that the world is shifting to new (lower) revenue models but most newspapers/publishers are still living with old (HUGE) cost m

The problem with the industry is that the world is shifting to new (lower) revenue models but most newspapers/publishers are still living with old (HUGE) cost models. I'm still waiting for the first big media company to make a truly radical shift in their cost structure... only then can they survive. (IMHO)