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Important to understand that these traditional newspapers were very lucrative for-profit business enterprises that paired journalism with commodity information services (box scores, weather, movie showtimes) and incredibly valuable ad sales franchises.

7 hours ago
Quite revealing that people think I’m talking about the Times, when my whole point is that these weren’t national papers. Miami used to have several independent daily papers. The Baltimore Sun had multiple foreign bureaus. The Morning Call in Allentown, PA, employed 1,000 people.
It wasn’t like the newspaper owners of yore were just really nice guys, they were making tons of money selling thick stacks of newsprint full of ads because their printing presses were the best way for businesses to target customers.
When I first moved to DC, the Post still had a subsidiary business where they leveraged their press and citywide network of distribution boxes to print a booklet of apartment rental listings — it was just a pure ad catalogue — a nice moneymaker wiped out by the internet.
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