Innovation, business and newspapers

On how Newspapers can (should) adapt:

"The level of innovation happening on the production and funding side of the equation needs to be matched by innovation on the revenue side. Unfortunately, I have observed five fatal flaws in generating revenues that will lead local Internet plays to fail as many before them have. These are entirely avoidable but most are falling into these traps. Laid out below are the flaws and a high-level summary of how to avoid those fatal flaws"

The full article: http://newsosaur.blogspot.com/2009/01/five-fatal-flaws-in-local-internet-ad.html