Newspapers in trouble

Newpapers across the country are in serious financial trouble.  The Seattle Post-Intelligencer has been for sale since January and is likely closing down next week.  The decision has not yet been made on whether an online edition will remain. 

Newspapers in trouble: http://www.businessday.co.za/articles/topstories.aspx?ID=BD4A958401

Seattle P-I Online:  http://seattlepi.nwsource.com/

Is this way of reading news outdated?  Many Americans say they would rather read their news online.  I have always been fond of papers, but I must agree that I find the bulk of my information online.  Will that be the news delivery model of the future?  If so, where will people go to get news?  (Which websites) We are in a big time of change for media.  May

P-I Globe
P-I Globe

be the next model will be many, small, independent reporters, blogging and sharing information online.   What do you think?

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