Final answer:
Newspapers are increasing their income by focusing on subscription models and digital and print advertisements, given the significant decline in traditional revenue sources such as print ads and classifieds.
Step-by-step explanation:
More newspapers are trying to boost income primarily through subscription models and advertisements. Faced with declining print revenue, newspapers have looked for new revenue streams to stay financially stable. In a rapidly digitizing world, newspapers have been compelled to balance maintaining their print presence with building a robust digital platform.
One way newspapers try to boost income is by creating digital pay plans, allowing them to convert free online readers into paying subscribers. Additionally, with traditional classified ads revenue dwindling, newspapers have had to find alternative advertising opportunities, including digital advertising.
Despite these efforts, the challenge remains significant due to the consolidation of local papers, the emergence of free news sources, and the changing habits of news consumers.