For those of us that maintain that newspaper journalism has a future,have a read of a good post by Seamus McCauley in which he refutes the arguments for their terminal decline.
Firstly he refutes the theory that endless supplies of news are leading to it becoming a valueless commodity.Far from it,as more and more sources appear then

this array of news content creators do not, in fact, create this vast glut of commodified, generic news because (says Henry) they have gone bankrupt. What prospects then for the handful of high-quality producers of journalism who survive to ring in this future? Far greater pricing power.

But perhaps most of all

Globally, newspaper readership is up. Regionally, newspaper readership is up everywhere except North America even without accounting for free metropolitan commuter papers