Can newspapers succeed at journalism and as a business entity?

In the last few years the Oshkosh Northwestern has been the subject of many citizens in the community who have assaulted their journalism tactics, criticized them for their bias, found fault with and poked fun at their frequent mistakes, and Lord knows what else.

The powers that be at the Oshkosh Northwestern have admitted that they've lost readership, but then again, so have many newspapers with the increasing popularity of the Internet and its online publications and so-called community journalists and bloggers. The Northwestern has also tried a variety of different things in order to keep abreast with the ever-changing technology, including its most recent effort, an online discussion board called Oshkonversation.

But can a newspaper do good journalism and be a successful, profitable business at the same time? That's the issue being examined by this Fox News piece in light of recent events at the Los Angeles Times.

Check it out and decide for yourself if a paper can be a money-making interest, or is it merely a public trust with public interests?