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New Orleans, Newspapers And The Beginning Of The End

05/25/2012 01:40 pm 13:40:05 | Updated Jul 25, 2012

Newspapers like the New York Times may be piling up revenue from their paywalls, and Warren Buffett may be asserting his undying commitment to the small-town publications he has just acquired, but there continue to be signs that the printing of news on dead trees does not have a great and glorious future -- and the latest is the news from Advance Publications that its New Orleans newspaper, the Times-Picayune, will no longer be printed daily. As painful as that decision likely is for the paper and many of its staff, not to mention its print readers, the Times-Picayune is grappling with a reality that almost every newspaper will have to face sooner or later, whether they want to or not.

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