Newspaper Dead End?

Local newspapers were the first type of communication around the world therefore it is very old and antique. It is a product that had of a lot of innovation at its time, but it seems as if technology is ahead of it now a days. Innovation is very important to survive for a long period of time , because there is no innovation, update or change in this product it would seem that is walking to a dead end and be the end of it and let another type of product take its place (technology).