The death of the daily newspaper doesn't have to mean the death of the printed newspaper. I quit the subscription to all my daily newspapers a while back, not because I thought they where bad, but because I simply didn't have time to read them every day and all that I really got out of it was huge piles of paper I had to carry to the recycling bin every week. I do however still subscribe to several weekly and monthly magazines and regularly buy the weekend edition of my favourite newspapers since on the weekend I have time to read. For day to day news I use the newspaper web sites, but when I have time to read long well researched articles I want to do it on paper and sitting in my favourite chair.

So that is the direction I think the newspapers should be taking. Stop trying to put out a paper every day, settle for one to three times a week. Keep your website updated with day to day happenings and time sensitive news and use your print media to write longer, more researched articles.