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Conclusion: conventional news from newspaper sources has no magic attraction. The big search engines reach almost twice as many users in a month (try Yahoo News on 38.7m in the US last November, as the NY Times struggles in with less than half of that). It may not be news on paper that's fallen out of fashion, just any sort of digital news presented in traditional fashion.
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Someone hoping to earn, say, $40,000 a year as a professional journalist is probably going to need to generate around 2.7 million page views a year to do so. Assuming he or she works five days a week, 50 weeks a year, that's nearly 11,000 page views a day.
Someone hoping to earn, say, $100,000 a year will need to generate about 27,000 page views a day.