The Newspaper Decline

The demand for the everyday newspaper has suffered a majorly decline and is drastically affecting the economy. With the many options we have available to us that distribute immediate news updates, it makes it hard to still rely on the daily newspaper for the most current events. People are relying more on news broadcasts and the internet for daily information. Visiting search engines like Google and YouTube you can find almost any news story you want simply by typing in a few keywords about the subject. The majority of city and town newspapers also offer the paper to be viewed on their websites, causing readers to become more Internet-friendly.

In a New York Times article the Audit Bureau of Circulations stated that, “based on reports filed by the individual papers, show that circulation at The Houston Chronicle, The Boston Globe, The Star-Ledger of Newark, The Philadelphia Inquirer, The Orange County Register and The Detroit News fell 10 percent or more.” That is a major percent for these larger newspapers to see in a one year span. This decline is affects jobs when newspaper companies are forced to let employees go for a period of time. You can see more about declining paper reports in the link I provided below.

But with less demand on the paper and more demand on Internet sources, some people are complaining that the newspaper quality has been going down also. Peter Appert, a newspaper analysis at Goldman Sachs said, “it just seems impossible to me that you’re cutting costs dramatically without having some impact on the editorial quality of your product.” It’s important to hear news stories from multiple sources so the newspaper will always be a good source to read it.


http://www.nytimes.com/2008/10/28/business/media/28circ.html?ref=business