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New revenue model elusive for U.S. papers: study

US newspapers are searching for a new revenue model in an era of falling circulation, declining print advertising dollars and free online competition. A study published on Monday suggests they have a long and difficult road ahead — although there are a few encouraging signs. The 16-month study by the Pew Research Center’s Project for…

Who could have predicted?

That paying $1.6 billion for a business with essentially no revenue stream might lead to difficulties? It’s not like we’ve ever seen anything like that before – especially not involving the internet. Update: Okay, “essentially no” is probably too strong a descriptor. “Tenuous and difficult to expand” is more like…