"Newsrooms in newspapers have been the predominant source of original reporting about what's going on in city hall, in classrooms, about Washington, about the international scene," Overholser said. "There'll be a time when we do really need to stand up and say, 'Wait a minute!' … and it's getting pretty close."
CBS News gave viewers a look at the arguments for and against the survival of newspapers, although both sides said newsgathering will continue even if the printed-and-delivered newspapers do not.
"This democracy might thrive with a different-looking press," Overholser said. "But I don't think we've figured out yet a complete menu that would replace newspapers."
