Extra, Extra: Online News and Ad Sales Overtake Print

The numbers shouldn't be particularly surprising to anyone who has, well, been reading the news for the past few years. Shuttered papers, shrunken newsrooms and an influx of digital journalism initiatives have all led to an inevitable tipping point.
It's not just print newspapers that are suffering. The report notes that local TV, radio, magazines and cable news have all seen declines in audience. It's likely that this trend will simply continue. Pew points out that 7-percent of Americans owned tablet devices in January, 2011 -- double the number from four months prior. Barring some baffling turn of events, both the hardware and online-only news organizations will continue to improve and expand as paper becomes decreasingly viable.





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