In fact, we just raised the price of our daily from $0.50 to $0.75, mostly to stem the hemorrhaging that was going on in the circulation department.
Won't help.
There are newspaper machines for three daily papers outside my post office. When the price was 50 centavos, all three machines were empty by noon. When one raised the price to 75 cents, the other two sold out faster and the third still had half its allotment by closing time. Then #2 went up to 75 cents, and it, too, had papers left by the end of the day.
Now #3 has jumped to 75 cents. That happens to be the one I used to buy. I still buy one occasionally, but not nearly as often as before. And before, if I didn't get there by 10:00 or 10:30, the machine was empty. Now, it's quite normal to find papers in it at 4:00 p.m.
The newspapers are caught between the proverbial rock and hard place, but it's a fairly fundamental rule of marketing that you can't increase the price while reducing the quality AND quantity of the product and expect revenues and profits to increase. Not gonna happen.