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Last week was a rough one for the newspaper industry. The 150 year old Rocky Mountain News of Denver closed shop and 
New York’s Newsday announced it was starting an online paid model despite the fact that the average person spend just 4 minutes and 25 seconds per month on the their website. Not the best news for the hard print news industry for sure.
Never fear though. Whenever there is bad news there’s always some research done that can put the paddles on a dying industry and this is no different. MediaPost tells of a survey by the Rosen Group that shows that the vast majority of US consumers
….still deem print editions of newspapers and magazines to be “indispensable” sources of news and entertainment.
New York Times Co. threatens to shutter the paper unless unions give more concessions. This comes after 500 jobs have already been shed since 200.
