Saturday, February 09, 2008

Signs From the Times

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The New York Times has published a compelling overview of the situation many newspapers find themselves in today. One excerpt from the article by Richard Perez-Pena:

"Last year started badly and ended worse, with shrinking profits and tumbling stock prices, and 2008 is shaping up as more of the same, prompting louder talk about a dark turning point."

The story reads a bit like a script for a slasher-type horror movie about the newspaper industry. Read all about it here:

An Industry Imperiled by Falling Profits and Shrinking Ads

More later,

Mark

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