The collapse of the U.S. newspaper industry is accelerating as a deepening plunge in advertising forces publishers to consider curtailing print editions or shutting down altogether.The Seattle Post-Intelligencer will appear only on the Internet and the Tucson Citizen in Arizona will close if their parent companies can't find buyers for them by March. Denver's Rocky Mountain News is up for sale, and Detroit's two dailies cut their publishing schedule to three days a week.
"There's going to be a lot of papers giving up days of the week that they publish editions and an acceleration of movement from print to digital publishing," said Ken Doctor, an analyst at media consultant Outsell Inc. in Burlingame, California. [Click for MORE]
- Belt-tightening in media squeezes more workers
- W-S Journal publisher mandates furloughs
- Media General to Furlough Employees 10 Days
- Lee refinances debt, amends bank credit agreement
- Sun-Times, strategic adviser part ways
- Newspapers in survival mode
- New York Times suspends dividend to preserve cash
- Tribune Co. freezes non-union salaries
- Chicago Tribune announces anti-corruption campaign
- Baltimore Sun feels Tribune cost cuts
- Virginian-Pilot lays off 30, kills 26-year-old weekly arts paper
- Scripps expected to announce Rocky plans by March 31
- "The public has trouble accepting the idea that news could be in danger"
- Five papers' content-sharing deal "is not an anti-AP initiative"
- P-I union to discuss an employee buyout of the paper
- Journal-Constitution staff told about "substantial" cuts
- E.W. Scripps announces pay reductions, other cuts
- Five NY, NJ papers forge content-sharing deal
- NYT could net $1.2B with sale of Globe, other assets
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