What would a stripped-down SeattleP.com (a Seattle Post without the Intelligence(r)) offer? It's already begun to tip its hand by populating its Web site with links to local bloggers and related content. Hearst, no doubt, would leverage its national content from whatever is left of its news stables after the print versions of the P-I and San Francisco Chronicle are laid to rest.
Journalism on the Brink (Part II)
Yes, the Web makes it way cheaper to present content. And, yes, there are fewer barriers to entry to both content providers and technology. But one plus the other does not equal profits, or even sustaining revenue.