Newspaper Industry Decline | featured news

A group of lenders once again came out on top in the auction for the publisher of Philadelphia's two major daily newspapers, winning with a cash bid of $105 million and besting a rival group led by local philanthropist Raymond Perelman.

USA Today, the nation's second largest newspaper, is making the most dramatic overhaul of its staff in its 28-year history in an effort deliver stories more quickly to mobile devices and produce more coverage likely to sell advertising.The makeover outlined Thursday will result in about 130 layoffs this fall, USA Today Publisher Dave Hunke told The Associated Press. That translates into a 9 percent reduction in USA Today's work force of 1,500 employees. Hunke didn't specify which departments would be hardest hit.

After 20 months and millions of dollars in attorney fees, time is running short on Tribune Co.'s campaign to control its own destiny in Bankruptcy Court.

Many worry that Silicon Valley will upend the entertainment industry just like the Internet ravaged the music and newspaper industries. Google revolutionized the way people access information. Now it wants to transform how people get entertainment.

The Times of London has been hemorrhaging online readers since erecting a paywall three months ago, according to data released today.

One of the biggest dilemmas for print and mainstream media today is how to transition from a free-for-all model to one where its users actually pay for the content they consume. Should each site enact its own paywall, forcing users to purchase a subscription to just that site? How about a pay-per-article solution, which would still require a separate login for each publication?

The iconic redheaded orphan Annie is ending her time on newspaper comics pages after 85 years....

A consortium of lenders have won control of Philadelphia's bankrupt newspapers from the local owners who fought to remain in charge.

Three quarters of editors and news directors polled say they have "serious reservations" about government funding of journalism, primarily for fear that independence can be compromised.

Starting in early 2011, visitors to NYTimes.com will get a certain number of articles free every month before being asked to pay a flat fee for access.