Declines in Trust, Revenues Force Sales and Spinoffs of Newspapers

ureneck_louThe New American
Lou Ureneck, College of Communication

The back-to-back announcements of the sale of the Boston Globe to Boston billionaire John Henry and the sale of the Washington Post to Amazon founder Jeff Bezos earlier this week continue to track the shrinkage of the newspaper business that has been going on for more than a decade…

Expert quote:

“Classified advertising is a distant memory, ancient history. Maintaining newspapers … is going to be a long and difficult slog.”

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