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Online News Readership Grows as Print News Shrinks or Disappears

As print media decline, so does the amount of available information, by David Carr, IHT: “It has been an especially rotten few days for people who type on deadline. Just Tuesday, The Christian Science Monitor announced that, after a century, it would cease publishing a weekday paper. Time Inc., the Olympian home of Time magazine, Fortune, People and Sports Illustrated, announced that it was cutting 600 jobs and reorganizing its staff. And Gannett, the largest newspaper publisher in the country, compounded the grimness by announcing it was laying off 10 percent of its work force – as many as 3,000 people…The paradox of all these announcements is that newspapers and magazines do not have an audience problem – newspaper Web sites are a vital source of news and growing – but they do have a consumer problem.”

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