Newspaper Industry Decline, News Media | featured news

So, here's what's going on at your Washington Times. Confusion! Panic! Resignations! Clampdowns! This week, The Politico is not the most terrifying and sad place to work in Washington, DC. That's actually impressive!

USA Today suffered a steep drop, losing the top spot in weekday circulation for the first time since the 1990s to The Wall Street Journal. The New York Times’ weekday circulation fell 7.3 percent.

Two large Philadelphia daily newspapers hope to emerge from bankruptcy debt-free by paying creditors $37 million in cash plus real estate to settle nearly $400 million in debt.

Philadelphia Newspapers filed its reorganization plan Thursday, six months after filing for Chapter 11 bankruptcy.
The plan gives creditors the iconic downtown building that houses The Philadelphia Inquirer and Philadelphia Daily News.

The possible sale of Yahoo’s HotJobs would be a huge blow for members of the Yahoo (NSDQ: YHOO) Newspaper Consortium, as the alliance is the only source of help-wanted-ad revenue for nearly 200 papers. But that’s apparently not deterring papers from joining.

Many U.S. companies consider lobbying the government just another cost of doing business. When newspapers want help from Uncle Sam, the cost could be their reputation.

A week after The Baltimore Sun slashed 60 newsroom jobs, including 18 top editing positions, some 50 newsroom staffers still at the paper have launched a one-day byline strike, according to the Washington-Baltimore Newspaper Guild.

With the media world in a seemingly downward spiral, many journalists are wondering how do you get ahead in an industry that can’t see its own future?

On a recent morning, when many newspapers and news sites were buzzing about swine flu, voiceofsandiego.org wrote instead about a local science professor and his quest to understand the beginning of the universe.

The paper's owner, New York Times Co., has threatened to shut it down unless its unions make $20 million in concessions.

Chicago financier James Tyree is assembling a group of investors to bid on Sun-Times Media Group Inc.

Mr. Tyree, CEO of Mesirow Financial Inc., told Crain's he has reviewed Sun-Times' books and discussed a possible bid with CEO Jeremy Halbreich and other company executives.