This is a riot:

"Three guys in a garage create YouTube, and we've got 800 people in Chicago who don't know their ass from a hole in the ground!"

Sam Zell, owner of the Tribune Company, which publishes the Chicago Tribune, The Los Angeles Times, Newsday, The Baltimore Sun, and other Jurassic-era publications your grandmother still reads because the thought of turning on a computer makes her knees shake.

The NPR article on Zell also includes a subhead titled, "Journalists as 'Overhead'". Which illustrates that the author can't comprehend that unlike a government-subsidized operation, the owner can't force taxpayers to bail him out if readers aren't footing the bill:

"This is the first unit of Tribune that I've talked to that doesn't generate any revenue. So all of you are overhead," Zell said during the late February meeting with editors and reporters for the company's Washington bureau.

Most reporters and editors who cover the government don't consider themselves overhead — they describe themselves as fulfilling a key role newspapers play in a democratic society.

No, reporting the news is a key function in a democratic society. But the medium in which consumers receive that news is subject to change, as other dinosaur media conglomerates are discovering the hard way.

And as that YouTube allusion from Zell highlights, news isn't exclusively a top-down business anymore.

Related: "Will there always be print newspapers? The editor of The Washington Post said he thought so, though others might think he's in denial:

In November 2007, former “NBC Nightly News” anchor Tom Brokaw predicted the print edition of The Washington Post would “probably” be dead in 10 years. But Downie disagreed.

“I can’t see that,” Downie said. “Obviously I’m of an age where I can’t see so far out into the future, but I can’t see that.

Arthur C. Clarke could...41 years ago:

Newspapers will, I think, receive their final body blow from these new communications techniques. I take a dim view of staggering home every Sunday with five pounds of wood pulp on my arm, when what I really want is information, not wastepaper. How I look forward to the day when I can press a button and get any type of news, editorials, book and theater reviews, etc., merely by dialing the right channel.

Electronic “mail” delivery is another exciting prospect of the very near future. Letters, typed or written on special forms like wartime V—mail, will be automatically read and flashed from continent to continent and reproduced at receiving stations within a few minutes of transmission.

Meanwhile, this rather less exploratory prediction from Downie is definitely a two-edged sword:

Mid-size market newspapers may be in trouble, according to Downie. The small community newspapers and the newspaper titans – like the Post and The New York Times – will in some part be immune to the evolution of media, as it makes it way in a digital age.

Yes, it seems quite reasonable to assume that the Times will be immune to the evolution of news--that was one of the predictions made in this classic multimedia presentation beamed back from 2014.