Monday, October 6, 2008

Happy Monday: the end of daily newspapers

If your week isn't starting off just peachy enough, try and get through this essay about the very-real situation facing daily newspapers in these last months of 2008 and the start of 2009. From the growing trend of changing the size and shape of the paper to cut costs, to the brutal effect that the credit crisis is going to have on the industry, it's the kind of gloves-off, unvarnished truth that too few people are writing:

The fundamental structural shifts in the industry's business model are too profound. Newspapers that emerge from this crucible will be leaner, less frequent and Web-centric–and they may not even be available in print. Some will survive, but some won't.

Now back to work, you!

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