Then came TV advertising, that took away some of those ads
Then came the era of advertising-supported content, as readers became more of "consumers" being targeted by advertisers who signed large cheques.
Then came the part about newspapers adjusting to the demands of advertisers, and addressing readers as "target segments"
That phase is still on now, but the Web is changing --or has changed things--all over again.
Classified ads have migrated to the Web.
Newspaper Websites are not really getting that much ads.
Digital ads are growing,but are they the way out?
How do we price content? Journalism is a costly business, involves travel and credibility -- and unbiased coverage that is under constant pressure from politicians or advertisers in some form or the other.
In the age of the Internet, the business has become more complicated. New York Times has its property on mortgage, and Chicago Tribune filed for bankruptcy.
So what is the future of the newspaper?
This article in Time magazine discusses it, and apparently bets on micropayments. Oh well, let us see how it all goes.