LA Times ad rev pays for online and print

Yes, "the editor of the Los Angeles Times, Russ Stanton, said the paper's online advertising revenue is now sufficient to cover the Times's entire editorial payroll, print and online." But, it has no plans yet to go all-digital. Writer Jeff Jarvis wonders "...perhaps it won't be a legacy player who breaks this digital barrier. A newcomer unencumbered by the costs, expectations, processes, traditions, and culture of a print newsroom and business could build a profitable online news franchise at low cost. It could operate more efficiently by working in collaborative networks with the community, extending journalism's reach there. It could serve a vast new population of very small advertisers who never could afford print." Does anyone know what's happening at the Sentinel? (Source)