First section is literally describing how the newspaper business is failing and that it's not at the level it once was before. He also notes that in order to save the newspaper industry by making people pay for the content online.
In the second section he describes that the most influential papers should deliver content online but that everyone does it together as the newspaper is supposedly dead, also noting how TV got better with cable content would possibly help newspapers online.
In the third section he describes how internet wasnt used at all in 1995, however gradually down the years the internet became something with our daily lives, therefore putting content online will gradually get better as soon enough many people will be only able to access the news through subscription.
In the fourth section he described three scenarios that would happen if the Times and Post had an paywall, explaining that both would survive, maybe lose readers or that one of them would probably survive or that American papers lose customers due to no online subscriptions
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