As a person who has been around paper and print for most of my professional life, I understand fully that print is not dead. Its on life support, but good creative drives and feeds good print. For those that are looking to buy the Worcester Telegram and Gazette now that John Henrey has put it up for sale, watch this TED Talk. It is given by Jacek Utko who redesigned the look of a few European newspapers and dramatically affected their sales, in a positive direction.
It is well worth the look.