Half of the American newspaper industry reported a revenue loss in 2012 of only 2%. This was reported as a triumph. We don’t know how well the other half of the industry did..
The story said that some newspapers are charging online subscriptions. I know the New York Times is. I don’t pay anything. Do you?
Local news may be worth paying for. Some subscribers think so. I don’t. I can get the news I want from free sites. So can you. So can anyone.
The industry is still dying, but it is dying more slowly. It is like a report from the intensive care unit that the victim of some terminal disease has had his tubes removed, but he is still unconscious.
The journalists ridiculed Matt Drudge in 1998 when he scooped them on Newsweek‘s suppression of the Monica Lewinsky story. But he makes $15 million a year, and most of them lost their jobs. This is not going to change.
When optimistic is a 2% decline, there is no optimism. It is pessimism dressed up in a wardrobe bought at Good Will.