NYT Image: Bad news for newspapers

My attention was drawn to a graphic published in the New York Times yesterday concerning the state of newspapers. Not only does it show a graphical representation of the declining circulation of newspapers, but the bottom also shows which newspaper companies are losing the most money in terms of advertising revenue (the Chicago Tribune company is really hurting). Check out Media Owners if you want to find out what companies own what newspapers.

The other thing that I saw was that the Tuscon-Citizen is probably going to close it’s doors on March 21st unless they can find a surprise buyer. It hasn’t been around as long as some other dailies that are threatened (like the San Fransisco Chronicle and the Seattle P.I.), but it’s still sad to see a news daily go under.

Again, the challenges newspapers face are getting money from readers who expect to get their news for free and the getting the same amount of money from advertisers for their online content as they do with print media.

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