Google Trends shows the readership of online news and blog site The Huffington Post doubling to meet up with the halving online readership of the old-style Washington Post.
Notice that the moment the various sources synced up was the 2008 election. One possible interpretation: When the country suddenly developed a voracious appetite for news, they gave all three sources an equal chance. But it was HuffPo, not WaPo, that gave people what they were looking for—super-speedy coverage of the political story-of-the-second, followed by a bikini babe chaser.
You'd need age breakdowns and a few other things to know if that explanation of the trends is right, but President Obama might want to take a gander at this chart before he repeats his recent mention that he might not be 100 percent opposed to a newspaper bailout.