Quality journalism is expensive, and to the extent that it provides a public good, we will find ways to fund it. But top-heavy, poorly run, arrogant-to-the-bitter-end media companies? This is their crisis, not our crisis, and it certainly isn't about journalism.
Newspapers that are turning to paywall plans today are gambling on a risky revenue stream that even the experts aren't predicting will provide a replacement to their lost advertising revenues (their biggest financial problem is the rapid decline in advertising rates, not the slow decline in print circulation). It's a "well, we've got to do SOMETHING" solution, not a logical, do-the-math solution.
They don't get it. They don't want to get it. And in many cases, they're literally paid not to get it
(from The newspaper suicide pact).
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