An online edition will not kill the paper version, if, a big if, there is a subscription charge for the online version too.
A big part of the cost for newspapers are the printing and delivery costs. Subscriptions need to cover that.
Advertising typically covers the costs of staff - reporters, editors, salespeople, and other administration.
As for the negative Nellys here, no one forces you to subscribe to the paper. All publications have their faults. I try to find at least some good in everything. If I can't, I don't use, buy, or subscribe.
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