Mark J. Perry of Carpe Diem Blog provides data showing the slow business death of newspaper revenue. Their digital revenue does not add much growth either.
Pick up a newspaper today and it’s awful. The journalists are “Social Justice” evangelicals and the stories are stale. Economics plays into that because ad revenue is heading towards the Internet (blogs, podcasts and online news) and leaving scraps behind for newspapers. This leaves them to hire the undesirables in reporting. Here is a great graph illustrating newspaper demise.