PBS' report on free daily newspapers

This link is to the script of the "News Hour with Jim Lehrer" report on the rise of free daily newspapers. Terence Smith and his crew produced an accurate report, perhaps the first for broadcast journalists, on what makes free dailies tick. Since then, however, the free dailies in New York operated by the Post and NY Daily News have closed, and two new free dailies have taken their place -- Metro and AM New York. Also in this story is Dave Price, then editor and publisher of the Palo Alto Daily News, which has since been acquired for an undisclosed sum by Knight Ridder -- probably because it was making life difficult for the struggling San Jose Mercury News. Price was also the founding editor of the Aspen Times Daily, one of the world's first free dailies. Ted Fang, publisher of the San Francisco Examiner, is long gone. The Examiner was purchased by billionaire Phillip Anschutz, who has been pouring millions into it, but hasn't made a profit -- at least not yet.