Newspaper Industry Decline, Newspaper | featured news

For the beleaguered newspaper industry, the good news may be that the bad news isn’t getting worse. Newspaper revenue fell just 2 percent last year compared with 2011, according to new data compiled by the Newspaper Association of America, the industry’s main trade group.

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.

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