Monday, September 29, 2014

For sale


Susan Greene notes that
one in three newspaper journalists in the U.S. have lost their jobs over the past decade. Circulation is half what it was ten year ago. Newspaper sales peaked at $49 billion in 2005. In 2013, sales dove to less than half that number, $22 billion.

The latest newspaper to go on the "for sale" block is the Denver Post. Greene writes:
Friday’s announcement comes as little surprise as the The Denver Post’s circulation, staff size and journalistic quality have dramatically waned. The paper’s newsroom is a skeleton of its former self, and many of its top staffers who have not been laid off in the past several years have jumped a ship they’ve felt is sinking.
Read more here.

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