I have to agree that I can't see this model working. What I pay for a physical "hard copy" subscription is the cost of the printing, paper, delivery, infrastructure, etc. The cost of delivering the news digitally should be more than covered by advertising. Traditional news outlets still haven't grasped the new distribution model. In the old days (you know, the 1990's) you could usually get your in-depth news from one of a couple or a few regional papers and that's it. In a given region there was only a little competition. Now news outlets are not just in competition with the other regional papers but with EVERY other news outlet that exists on the web. The fact that the vast majority of general news outlets are going to disappear is inevitable. There is simply too much repetition. We don't need 200 newspapers all reprinting the same AP piece. News outlets can deny it and hide from it but it's coming. To survive outlets will need to become either niche specialists, local specialists, or have content that is simply untouchable a la Woodward and Bernstein on Watergate.