I think a newspaper is a very good idea, especially on the blockchain. The reporters would be held accountable by the users, a return to honest non weasley reporting on things of import. Not that someone somewhere does not want to know what color or style of panties khloe kardashian wears, but I could care less, and a reporter that thought that was news would likely not get that many views on his story in the paper and would be let go.(fired).
The other thing with having a newspaper is that we may actually get to have some functionality of the the posting area and increased HTML abilities enabled. A return to top, a next page function in line links, imagemap functions, and a host of other HTML code to make a really nice post and newspaper or magazine.