379 U.S. newspapers plunged on average of 10.6% from April – September 2009 which is on top of heavy declines the last years. Why the fast decay? Is digital news replacing old fashion print? Does entertainment news draw more interest?
While much maybe true, in my humble opinion newspapers have added to the mass exodus. The old business model doesn’t work and their refusal to change is simple not working.
Social media appears to be taking the lead with creating meaningful connections and collaboration. Since January of 2009, Facebook has grown 276%, Twitter by 1382% and you YouTube higher than both.