What If the Newspaper Industry Made a Colossal Mistake?

This sounds a lot like wishful thinking, but there’s plenty to learn from well-articulated alternate opinions.

What if, in the mad dash two decades ago to repurpose and extend editorial content onto the Web, editors and publishers made a colossal business blunder that wasted hundreds of millions of dollars? What if the industry should have stuck with its strengths—the print editions where the vast majority of their readers still reside and where the overwhelming majority of advertising and subscription revenue come from—instead of chasing the online chimera? —Politico