New York Times | Morningstar
While February ad revenue figures had one piece of good news for the newspaper industry -- ad spending on newspaper websites rose -- many industry watchers are wondering whether the declines are part of a short-term slump or whether they signal a deepening systemic problem, reports Katharine Q. Seelye. Media analyst Barry Parr tells her: "I'm reluctant to say that a single data point is a trend, but those are scary numbers, especially when we’re not in a recession." || Read Morningstar's forecast for newspapers.
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