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workingreporter.com
Newspapers (Those that are
left)
Feb. 17, 2009 | "Journalism as we know it is in crisis. Daily
newspapers
are going out of business at an unprecedented rate, and the survivors
are slashing their budgets. Thousands of reporters and editors have
lost their jobs. No print publication is immune, including the mighty
New York Times. As analyst Allan
Mutter noted,
2008 was the worst year in history for newspaper publishers, with
shares dropping a stunning 83 percent on average. Newspapers lost $64.5
billion in market value in 12 months."
-Gary
Kamiya in "Salon"
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