Thursday, July 9, 2009
Newspaper woes make for good comedy
The Washington Post Co.'s Slate.com has posted a video that makes light of the fact that struggling newspaper companies are laying off thousands of journalists. I don't know whether to laugh or cry.
On a related note, media tracking service Vocus yesterday came out with a gloomy report on the state of media.
The newspaper industry was rocked by significant closings in the first half of 2009 (the Rocky Mountain News in Denver, Baltimore Examiner and Seattle Post-Intelligencer all ceased publishing a print edition). Newspapers across the country also closed 110 bureaus.
In the first six months of the year, 556 magazines and newsletters closed, including consumer, business, trade and industry publications. During the same period, 154 magazines were launched.
Radio and TV news operations also have taken a hit this year, Vocus reports.