There are not many businesses today that have not been affected by the crisis that is occurring in regards to our nation's economy. This includes journalism as well. Many well known publications have hit hard times lately. One example includes The Chicago Tribune. The paper will soon be cutting its broadcast operations from its budget in attempt to save money.
http://www.politico.com/blogs/michaelcalderone/0209/Tribune_names_Luft_DC_bureau_chief__ends_broadcast_operations.html?showall
One of the most shocking examples of how the economy is affecting journalism, would have to be The Rocky Mountain News. This paper, which has been around for 150 years, published its last edition on Friday. Many say that print journalism had been struggling before, and this economy is not helping.
http://www.rockymountainnews.com/
http://www.cnn.com/2009/US/02/27/rocky.mountain/
How will publications survive, when it seems all businesses are struggling?
Can they develop ad revenue from businesses that struggle?
Is there room in cities for more than one newspaper at this point?
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