Quote:
Originally Posted by snipenekkid
then again newspapers were on the decline loooong before the web became a part of daily life....
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They were consolidating, mostly because (iirc) rules on ownership of multiple media outlets were relaxed in the 90s.
However, it really has been the Web that's strangling newspapers. eBay and Craigslist destroyed the classifieds revenue; and online ad rates are so low, that they don't make up for what is lost in print ads. (
http://www.businessinsider.com/the-n...mplodes-2011-3 )