Monday, 6 July 2009

What's (left that's) black and white and read all over?

There's been a lot written about the newspaper business recently; Monday's Silicon Alley Insider has an article about the demise of newspapers entitled The Year the Newspaper Died which presents sobering statistics about what's happened to newspapers in 2009:
105 newspapers have been shuttered.
10,000 newspaper jobs have been lost.
Print ad sales fell 30% in the first quarter of '09.
23 of the top 25 newspapers reported circulation declines between 7% and 20%.
Hmmm, maybe that's why my Sunday NYT home delivery subscription just zoomed up to $7.40 per week. Also why I'm thinking about cancelling.

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