Simplify the following text for a Grade 11 native English-speaking person.
Original: With an assessed readership of 70,000 upon a distributed circulation of 30,000 , the paper is one of the most widely circulated and well-respected alternative newspapers in Canada .
Simplified: With an assessed readership of 70,000 upon a distributed circulation of 30,000 , the paper is one of the most widely read and well-liked newspapers in Canada .