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Newspaper Gloom and Doom?

Tossed in with the mounting evidence that suggests the paper-and-ink demise, the Newspaper Association of America has found that in 2007, print-ad revenue suffered its biggest decline since at least 1950-plummeting last year by 9.4% to $42 billion total. Which is not to mention the classified ads that..

Tossed in with the mounting evidence that suggests the paper-and-ink demise, the Newspaper Association of America has found that in 2007, print-ad revenue suffered its biggest decline since at least 1950-plummeting last year by 9.4% to $42 billion total. Which is not to mention the classified ads that make up one third of that revenue, falling by 17% (cough, Craigslist, cough).

To lift your spirits-sort of-check out media scholar Eric Alterman's assessment of the newspaper business in The New Yorker's March 31 piece, "Out of Print."

There's plenty good in there: why so many old-guard journos are bolting for the Web; how a two-man philosophical consideration about the role of the newspaper in the 1920s predicted the present; why Arianna Huffington-despite her "highly questionable" journalistic credentials-came to be the torchbearer in the online revolution.

Via The Wall Street Journal

Via The New Yorker

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