Ten Major City Newspapers Going Bankrupt
When was the last time you read a print newspaper? Sunday, perhaps? Before you had Internet access? Never? Print newspaper sales are dropping like flies now that many people have free online news subscriptions.
Some people argue that a dearth of print newspapers will signal the end of democracy and free speech as we know it. Others believe that the death of print newspapers will actually open up an opportunities for a wider variety of smaller online news sources, many of which would have a special focus.
What do you think? I humbly confess that I have not purchased a print newspaper since I signed up for a free online New York Times subscription. I also read The St. Cloud Times online for free as well. I do not know how the dominance of online newspapers will affect libraries, though, as newspapers facing budget cuts may decide to charge a subscription fee for all the news that's fit to print--and for an institutional subscription, that could mean big money.
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