Back in the days of the Newspaper Wars on EC, I think most of the page views we got were from our own writers reading each others' stories, and then from us writing and revising our own.
It was fun for a while. I really enjoyed creating and writing for the three I did. But it eventually got to be more of a chore than fun. Now... meh. I don't think writing a realm paper would be of any interest to me at all. Maybe an island-wide one, where people from many realms contributed would be interesting. But I would be sad to see it turn into a tit-for-tat propaganda rag. Which is what I see it quickly becoming.