This. Years ago it was obvious to most newspapers that paid subscribers are their lifeline. Advertisers come and go, daily sales come and go, but long-period subscribers keep you afloat. Somehow, when the respected newspapers moved to the web, they forgot that, and kept pumping ads like crazy. This, in essence, moved the sense of their product from quality content to clickable content - these two don't mix. Consequen…
That cannot really happen with actual subscribers. They can pull their subscription en masse if the editorial line doesn't please them, but they cannot endanger the livelihood of the newspaper as one fell swoop like that.