Several well established large syndicated print newspaper companies have closed their print distributions. In 2009, Rocky Mountain News, with a print run of about 350,000 copies (Tsai, 2009), and Seattle Post-Intelligencer represented two out of 105 victims of this trend. Also in 2009 alone, 10,000 newspaper jobs were lost, print ad sales fell 30% in the first quarter, and 23 of the top 25 newspapers reported substantial circulation declines in the range of 7% and 20% (Dumpala, 2009). One newspaper conglomerate, Gannett Co. Inc., has laid off more than 10,000 employees since 2007, while another major conglomerate, The Sun-Times Media Group, was forced to file for bankruptcy in April 2009 after losing $4.5 million per week between January and March of 2009 (Dumpala, 2009). As one journalist for the Atlantic pointed out, "We're not witnessing the breakup of ...
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...The embattled newspaper industry witnessed many significant development in 2007. American Journalism Review, 30(1), 52.
Mcardle, M. (2009). Old media blues. The Atlantic. Retrieved from: http://www.theatlantic.com/business/archive/2009/07/old-media-blues/20490/
Perry, M. (2008). News Corp puts its faith in revenues from new media. Information World Review, (250), 2.
Riley, D. (2008). Decline of US newspapers accelerating. TechCrunch. Retrieved from: http://techcrunch.com/2008/03/28/decline-of-us-newspapers-accelerating/
Stephens, M. (2010). History of newspapers. New York University. Retrieved from: http://www.nyu.edu/classes/stephens/Collier%27s%20page.htm
Tsai, C. (2009). Rocky mountain news closing after Friday edition. Truthout. Retrieved from: http://www.truth-out.org/022709M
Tucker, P. (2009). Newspapers face the final edition. Futurist, 43(5), 8-9.
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