Are These Newspapers Going Out of Business?

| I prefer printed newspapers. | |
|---|---|
| I prefer the Web. | |
| I'm not sure. |
24/7 Wall St.'s team of analysts found that papers like the Philadelphia Daily News, the Detroit News, and the Chicago Sun-Times will almost certainly fold due to larger local papers (e.g., the Philadelphia Inquirer, the Detroit Free Press, and the Chicago Tribune) that have a firmer grip on an ever-dwindling market share. But major publications will not be spared, either, according to the report; analysts say that, come summertime, it's likely the San Francisco Chronicle, Northern California's largest newspaper, will only be available online. Newspapers in the Twin Cities, though, are beholding the bleakest future; the Minneapolis Star Tribune and the St. Paul Pioneer Press will have to try and outlast each other in what Time calls a "grim race."
We can only hope that, during these trying times, these papers will manage to stay afloat in online form, and that all of those writers and editors will be able to find refuge in the blogosphere. As is always the case with those facing potential layoffs, our thoughts and prayers are with them.
Check out the gallery below for more newspapers and magazines that have had to cut back. [From: 24/7 Wall St. Via: Time]
Death of Print
Elle Girl
In April 2006, Elle Girl's print edition was closed down, but the Web site lives on at ellegirl.com.
CosmoGirl
Though it will be folded into Seventeen magazine, the teen version of Cosmopolitan will publish its last print issue in December 2008. It will live on at CosmoGirl.com.
Christian Science Monitor
Founded in 1908 by Mary Baker Eddy, this venerable paper will move all its daily content to the Web starting in 2009, though it will still publish a weekly print version.
Radar Magazine
Was it too snarky for its own good? We'll never know, but this modern-day successor to '80s-era Spy magazine shut down in October. AMI, owner of the National Enquirer, bought RadarOnline.com, however, which will focus on celebrity gossip a la TMZ.com.
US News and World Report
Once a serious competitor to Time and Newsweek, US News and World Report is now best known for its College guides, which it will continue to publish. The weekly newsmagazine, however, will be turned into a monthly, and all daily operations are moving to the Web at usnews.com.
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Comments
232
Subscribe to commentsPeterMar 11th 2009 5:34AM
The "New York Slime" another bird cage liner that will take the gas pipe soon. The majority of people are disgusted with the extreme liberal bias of this paper . Bankruptcy cannot come to soon for this liberal rag!
DONMar 11th 2009 5:45AM
They don't have to worry, b.o. will bail them out.He needs some media to keep on shoveling the dumocrap propaganda.
e schreMar 11th 2009 5:49AM
You hit the nail on the head. Thank goodness there are people in our country who do love our country. The media let us down.
StevenMar 11th 2009 5:51AM
If you'd rather listen to the egotistical idiots on talk radio, you have to tune in at a designated place at a designated time and sit and listen to all the extra garbage that you are not interested in listening to.
I've been an avid newspaper reader since childhood and I can read it ata time when I so desire and throw away parts of the paper I have no interest for.
Please note that my comment here is unbiased! There are liberal talk radio show hosts as well as conservative newspapers and vice versa. All forms of media deserve a chance to get our attention however suits one's desires be it radio, TV, the internet, or printed materials.
I don't care for on air material like TV or radio because it has time limited resources, and I can't hear what anybody is saying when you have three or four idiots talking all at the same time and battling for the microphone like little children fighting over a single toy to play with.
e SchjerMar 11th 2009 5:53AM
Robert See: I hope everyone reads your story. How true.
BenMar 11th 2009 12:17PM
Perhaps it's this tired argument of right and left that is missing the real reason papers are dying out: The advertisers are jumping ship. Once upon a time, when newspapers were the only source of daily advertising that could reach a huge market, advertisers were at the mercy of the editorial staff. Circulation has never accounted for more than 10% of any major newspaper's revenue, and classifieds amount to even less. Follow the money.
The Times have changed (no pun intended)-- and advertising online has become far cheaper and reaches a greater market. Anyone who thinks some sort of bias is to blame is blind- you might as well take away someone's oxygen and blame their death on their poor grooming habits.
lou pascalMar 11th 2009 8:28PM
You are absolutely correct. When interviewed on the street his fans thought that Sarah Palin was his VP running mate.But just think; you have just witnessed the best con job since watching THE STING.
commiejoeMar 16th 2009 2:52AM
Rush Limbaugh is owned by Clear Channel Corp...a right winged nest of fascists who, like Rupert Murdoch have right leaning extreme views. They own it all and now they will try to steer the GOP further to the fringe range of political lunacy. Obama will succeed and the GOP will have to go find spokepeople with some basic social decency instead of the old propaganda of fear and hate....racially and economically.
Sarah HartmanApr 8th 2009 4:16PM
I completely agree!! Thank God someone else out there has the guts to speak the truth!
Sarah HartmanApr 8th 2009 4:16PM
Perhaps if the Strib wasn’t so slanted, it would not be struggling! It is apparent that whoever believes in non-bias reporting does not work for the Strib. I think it’s a great thing…get rid of it! All you people with your sympathy stories and memories of the Strib during your childhood…cry me a river…you’re nothing more than sheeple…baaaaah. What are you going to do once the Strib’s voice (not the people’s voice) is silenced? You just might have to begin thinking for yourself…and oh, what a hard thing that may be!!!
Sarah HartmanApr 8th 2009 4:21PM
I love how people on here say, "I can't function without my newspaper..." boohoo cry me a river. You are the epitome of a true-blue Sheeple! Make your own investigations instead of reading a politically slanted opinion in the newspaper.
Baaaahhhhh!
GroundMay 4th 2009 3:06PM
It's frightening how ignorant people have become in such a short time. 8-12 years is all it takes to dumb down a nation. I guess the leaders do reflect the people as a whole.
Papers, like any other business, try to sell a product that the majority of people will buy. The majority wanted Obama, as evidenced by the vote. The papers catered to that. The downturn for papers began and continued under Bush, just like the current economic crisis. But the crisis was born under conservative constructs like NAFTA and WTO that even the left embraced whole-heartedly. No single party/line of thought is to blame.
As the readership has become more fractured and the corporate papers print less and less real news, which people have shown they care less about than fiction and drama, the result is that the newspapers will go away. It was bound to happen.
The truth does not prevail in this world, but will in the next. It will not be legislated. It will not be given power on paper only to be shunned in everyday actions, as it is now by 99% of the populace. It will be the chosen course of action by everyone left to do so.