Even as some large newspapers for sale in the United States have been unable to find buyers, the market for smaller community newspapers, which have faced less online competition, has held up better.[10] In general, smaller newspapers are worth more in relative terms than large papers. "A newspaper in small-to-medium markets tends to be worth more on a relative basis than a big–city paper," notes longtime newspaper analyst John Morton. "Big cities tend to have more media outlets competing for advertising, and big–city newspapers are more likely to have onerous union contracts." [11]Archived June 6, 2011, at the Wayback Machine
In the United States in February 2009, the annual American Society of News Editors announced they were cancelling their annual convention due to the industry meltdown. In making the announcement, ASNE President Charlotte Hall, editor of Orlando Sentinel said, "this is an industry in crisis." The only previous cancellation of an ASNE annual convention since the group's creation in 1923 was in 1945. Since 1945 the industry has weathered 10 national economic recessions.[5]Archived March 5, 2009, at the Wayback Machine[6]
Nakamura, Leonard I.; Samuels, Jon; Soloveichik, Rachel H. (October 24, 2017). "Measuring the "Free" Digital Economy Within the GDP and Productivity Accounts"(PDF). SSRN.com. Social Science Research Network publishing working paper 17-37 of the Research Department, Federal Reserve Bank of Philadelphia. p. 37 (Fig. 3). Archived(PDF) from the original on March 20, 2021.
With three large newspaper chains having been booted out of the New York Stock Exchange, the figure would be higher except that the Exchange eased its listing requirements temporarily because of the global financial crisis.[2][dead link]
Financial returns on newspaper stocks have been dismal for a decade. An investor who put $100 into the Standard and Poor's 500 Index would have had $89 by December 2008 — a similar investment of $100 in group of the largest newspaper company stocks would have yielded just $18 by year end 2008.[3][dead link]
The troubles in the U.S. newspaper market, while acute, aren't universal. Large newspapers are suffering more than small. "The great majority of America's 1200 daily newspapers are doing pretty well," notes Editor & Publisher editor Mark Fitzgerald. "Even some of the big papers in the most troubled chains are still churning out profit margins in the high teens. That's three or four times the margins of ExxonMobil.[8][dead link]
forbes.com
Even as some large newspapers for sale in the United States have been unable to find buyers, the market for smaller community newspapers, which have faced less online competition, has held up better.[10] In general, smaller newspapers are worth more in relative terms than large papers. "A newspaper in small-to-medium markets tends to be worth more on a relative basis than a big–city paper," notes longtime newspaper analyst John Morton. "Big cities tend to have more media outlets competing for advertising, and big–city newspapers are more likely to have onerous union contracts." [11]Archived June 6, 2011, at the Wayback Machine
Google's CEO Eric Schmidt recently revealed that the company had considered, but then abandoned, the thought of purchasing a newspaper itself or using its charitable arm to support news businesses seeking non-profit status. [7]
In the United States in February 2009, the annual American Society of News Editors announced they were cancelling their annual convention due to the industry meltdown. In making the announcement, ASNE President Charlotte Hall, editor of Orlando Sentinel said, "this is an industry in crisis." The only previous cancellation of an ASNE annual convention since the group's creation in 1923 was in 1945. Since 1945 the industry has weathered 10 national economic recessions.[5]Archived March 5, 2009, at the Wayback Machine[6]
In response to charges of lack of credentials or unverified reporting, bloggers often point to their role in examining the reporting of The New York Times reporter Judith Miller, whose early reporting on the events leading to the war in Iraq went largely unchallenged in mainstream media. "In the run up to the Iraq war", says Arianna Huffington of the eponymous The Huffington Post, "many in the mainstream media, including The New York Times, lost their veneer of unassailable trustworthiness for many readers and viewers, and it became clear that new media sources could be trusted — and indeed are often much quicker a correcting mistakes than old media sources." [9]
The bill would exempt from taxes newspapers income from advertising and subscriptions. and money spent on news gathering would be tax deductible. So far the bill has only Senator Ben Cardin as sponsor.[4]
In the United States in February 2009, the annual American Society of News Editors announced they were cancelling their annual convention due to the industry meltdown. In making the announcement, ASNE President Charlotte Hall, editor of Orlando Sentinel said, "this is an industry in crisis." The only previous cancellation of an ASNE annual convention since the group's creation in 1923 was in 1945. Since 1945 the industry has weathered 10 national economic recessions.[5]Archived March 5, 2009, at the Wayback Machine[6]
Nakamura, Leonard I.; Samuels, Jon; Soloveichik, Rachel H. (October 24, 2017). "Measuring the "Free" Digital Economy Within the GDP and Productivity Accounts"(PDF). SSRN.com. Social Science Research Network publishing working paper 17-37 of the Research Department, Federal Reserve Bank of Philadelphia. p. 37 (Fig. 3). Archived(PDF) from the original on March 20, 2021.
Even as some large newspapers for sale in the United States have been unable to find buyers, the market for smaller community newspapers, which have faced less online competition, has held up better.[10] In general, smaller newspapers are worth more in relative terms than large papers. "A newspaper in small-to-medium markets tends to be worth more on a relative basis than a big–city paper," notes longtime newspaper analyst John Morton. "Big cities tend to have more media outlets competing for advertising, and big–city newspapers are more likely to have onerous union contracts." [11]Archived June 6, 2011, at the Wayback Machine
