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The Death Of The American Newspaper
Source: Silicon Alley Insider
Jul 04, 2009


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Summary

All American newspapers fared terribly in the first half of 2009.



  • 105 newspapers shuttered.

  • 10,000 newspaper jobs were lost.

  • Print ad sales fell 30% in Q1 '09.

  • 23 of the top 25 newspapers reported circulation declines between 7% and 20%.


What happened?


The economy collapsed and advertising budgets went with it, accelerating a process already underway: the Internet's erosion of the entire newspaper industry. The Atlantic's Megan McCardle explains:


Read the rest of this story ยป
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