Curmudgeon, hidden in the announcement of News Limited's restructuring is the fact that they have bought the Business Spectator/Eureka Report site. I think that probably settles the question as to whether it is profitable, or will be so.

It also confirms another part of my announcement in that News looks to be seeing itself as an amalgam of niche sites more than a monolith.

That's all sensible and true Yabby. In addition though I think the SMH should get back to fearless journalism reporting real issues and solutions that need reporting to get them in front of politicians.
A Current Affair began with fairdinkum to-the-point investigative journalism but then went into travel and individual problem and handicapped sympathy stories.
I would buy a newspaper that strived for a true and better deal for everyone while not being afraid of the politics - even though major advertising contracts from government might not eventuate with media that does not fall into line.
There can be no doubt carbon pricing is upon us all because SMH and other journalists and editors have not reported conflict in debate, for example the conflict between genuine CSIRO science and political CO2 agenda.
I think it amazing that actual law has been legislated based on lies and spin about CO2 causing AGW.