From the NYT:

With print revenue down and online revenue growing, newspaper executives are anticipating the day when big city dailies and national papers will abandon their print versions.

That day has arrived in Madison, Wis.

On Saturday, The Capital Times, the city’s fabled 90-year-old daily newspaper founded in response to the jingoist fervor of World War I, stopped printing to devote itself to publishing its daily report on the Web.

(The staff will also produce two print products: a free weekly entertainment guide inserted in the crosstown paper, The Wisconsin State Journal, and a news weekly that will be distributed with the paper.)

An avowedly progressive paper that carried the banner of its founder, William T. Evjue, The Capital Times is wrapped up with the history of two larger-than-life Wisconsin senators, the elder Robert La Follette (whom it favored) and Joseph R. McCarthy (whom it opposed). But in recent years, the paper’s circulation dropped to about 18,000 from a high in the 1960s of more than 40,000.

“We felt our audience was shrinking so that we were not relevant,” Clayton Frink, the publisher of The Capital Times, said in an interview two days before the final daily press run. “We are going a little farther, a little faster, but the general trend is happening everywhere.”