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Kevin: "A grim month for quality daily newspapers saw large across-the-board year-on-year circulation falls in March, although the comparisons with February were less dramatic." This is one of the major problems with the print business. Circulation is down, and at some point, the economics of the print business will shift, probably irreversibly. At the moment, the legacy of a monopoly has allowed major newspapers to set ad pricing to support the high capital costs of print. That is changing. The biggest problem is that the it's not just about jumping the chasm, it's that the chasm to transition from the current business to the business they need is growing bigger.