Is the publishing industry suffering from a lack of ambition?

In June, the Guardian Media Group announced a huge shake-up in its print and digital strategy. As well as outsourcing its printing, it is also working towards breaking even at operating level by 2019 by developing and growing its membership offering and restructuring its advertising business.
More recently, the Wall Street Journal (WSJ) also announced that it will be stopping its European print edition and scaling back its Asian edition to focus on digital subscriptions. While digital is critica