Washington Examiner - The demise of big city print media, displayed in full by the painfully slow sale of the mammoth New York Daily News, is going nationwide as ad sales decline 50 percent and circulation plummets, according to a new Pew Research Center analysis
According to their report, just three different media companies in 2014 alone decided to dump more than 100 newspaper properties. Pew said the companies spun off the money-losing properties "in large part to protect their still-robust broadcast or digital divisions."
The Pew report is short and very unsweet:
Steep revenue and circulation declines across the newspaper industry have left many newspapers struggling. Over the past decade, weekday circulation has fallen 17% and ad revenue more than 50%. In 2014 alone, three different media companies decided to spin off more than 100 newspaper properties, in large part to protect their still-robust broadcast or digital divisions.
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The sports section of the Minneapolis Star (or maybe it was theTribune) was orange and was placed flat on the floor and opened to the complete major league batting averages each Sunday. In 1958 you could follow some rather amazing numbers, a world apart from Dizzy Dean on Saturday yelling down to the players on the field, after Minnie Minoso lost his bat, "Put a chain on it, Minnie." A game still played by the Runyonesque. Sid Hartman was there then and still is there today at age 95 on the daily beat.
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