The writing is on the wall.... the steady decline of print newspaper circulation all across America... and how many heretofore major print newspaper organizations such as the New York Times, Chicago Tribune, Gannett are facing the looming prospect of dwindling circulation and advertising, and running out of cash.
As I took my public transporation this morning on my way to work in San Francisco downtown, there was a young Latino street worker handing out free copies of the San Francisco Examiner, a tabloid-size free newspaper that is now besieging the San Francisco Chronicle... the latter losing money steadily and facing the prospect of continuing economic woes and hemmorrhaging.
American newspapers, as we know it, are likely to be completely transformed in the forseable future. These "red inks" can't go on forever.
Picture the scenario as reported in the net:
http://finance.yahoo.com/news/US-newspaper-circulation-sees-apf-15039695.html?.v=6
Here's a breakdown of the List of American daily newspapers and their dwindling circulation:
http://www.editorandpublisher.com/eandp/news/article_display.jsp?vnu_content_id=1003966608
Let's face it..... Fact is today our American Johnnys and Janes are no longer reading print newspapers... nor care to be informed nor stay informed.
