The decision to turn one of America's most famous daily newspapers, the New Orleans Times-Picayune, into a three-times-a-week publication has stimulated a fascinating debate: Does a paper sacrifice its watchdog role and/or its political clout if it moves online?
Plenty of critics believe it does. They include Warren Buffett, the billionaire who has been buying up newsprint papers. "This three-day-a-week stuff really kills you," he says. "Once people get used to online, I don't think they come back."