They already have. The news establishment, on so many levels has missed the boat with understanding the power of the internet to report the news. Online newspapers suck. They just repurpose what they have already printed. They usually cut that down too.
Pixels are Cheap.
You can provide full color photos, Longer stories, more in depth reporting, and you can publish faster. Newspapers have to get over copyright. I can click and save as, rip the text and file your name off, replace with my own and have 15 seconds of fame right up to the point that I get caught. There are too many over lapping sites and folks that communicate to get away with plagerism and theft for very long. Besides I can link to you faster than I can cut, paste and reformat.