It really depends on what you're trying to achieve. If your CMS is supposed to bring hardcopy content of your paper online, then you might want to consider looking at the CMS systems that newspapers are using.
The downside, most papers pay up to 10k/mth for their CMS with updates, tech support, cron jobs to update content, breaking news, etc. This is the absolute professional solution though.
If you're looking for "just a CMS" then i'd recommend to give
www.cmsmatrix.org a shot, they let you compare CMS systems side-by-side. For the case that you're planning on including a forum, you may also want to check with
www.forummatrix.org, also a side-by-side comparison and see which forums are bridgable into a CMS.
Little hint on the side, i've tried e107, it's a CMS where the forum is already built in. I'm sure there are more than the one i tried.
One of the most regarded ones is Joomla, they also provide a ton of modifications and add ons.
If you're working for a newspaper company that needs a CMS, PM me.