Newspapers sales are plummeting and, along with them, newspaper revenues. Total newspaper advertising revenues fell by $3 billion in the first six months of this year to $18.8 billion, the lowest level in a dozen years, according to data from the Newspaper Association of America. While the decline of print sales is on ongoing trend […]

SusanG at The Daily Kos points out an interesting discussion in U.S. News & World Report’s Washington Whispers column: Rocked by warnings that it will cost news organizations $50,000 more per reporter to cover Sen. Barack Obama or Sen. John McCain, a growing number of journalists and press pundits are questioning why the media is […]

New research shows that people are relentlessly moving from traditional media – including newspaper, radio & television – to Internet-based news sources.

In the last ten years, the percent of people getting their news from the Internet has tripled, while the radio and newspaper news audience has declined 14% and the television news audience has declined 9%!

New media is dramatically more efficient than old media at creating Internet content and getting page views, if numbers published by Gawker Media are any example. According to Gawker publisher Nick Denton, July 2008 traffic to Gawker sites set a record for the organization of 254 million monthly pageviews. Denton goes on to note that […]

Journalist Bill Moyers addresses the National Conference for Media Reform in Minneapolis, June 7, 2008. Moyers challenges the current state of mainstream journalism in his talk: “You couldn’t find a more revealing measure of the state of the dominant media today than the continuing ubiquitous presence — on the air and in print — of […]

In a wide-ranging interview with the Washington Post, Microsoft CEO Steve Ballmer offers his views on upcoming changes in technology and media. His outlook for the future of traditional media is bleak: In the next 10 years, the whole world of media, communications and advertising are going to be turned upside down — my opinion. […]

We’ve reported previously that newspapers are losing advertisers to Internet media, that young people are abandoning newspapers for Internet media and that newspaper revenue is tanking. The result of these trends is that the value of traditional newspapers is in a freefall: Avista, the PE-fund that bought the Minneapolis Star-Tribune for $530 million in late […]

Two thirds of all Americans are dissatisfied with the current state of journalism, and most now regard the Internet as their most important source of news, according to a new Zogby International survey. The survey also found that while most Americans (70%) think journalism is important to the quality of life in their communities, two […]

Newspaper print advertising sales have fallen to their lowest level in a decade, according to statistics from the Newspaper Association of America. Print revenues in the first six months of this year totaled $20.3 billion, the lowest since the $19.7 billion in sales recorded in the first half of 1997. Print ad sales in the […]