Many believe the newspaper industry made a historic strategic blunder in the mid-1990s when ownership decided to put news online at no cost.
Ever since, newspaper companies have been trying to correct their decision and win back the revenue they have lost over the years when consumers realized they didn’t need to pay to get the news.
New reporting shows the trend may be reversing itself and it is one reason Lee Enterprises fought against Alden Global Capital‘s(owner Hartford Courant) bid to takeover Lee last year.
