While newspapers revenue continues to decline. Magazines were affected by the 08 crash like all media, but like all media except newspapers they’ve since recovered, and shown that it was just another economic downturn, that they’ve survived before. US newspapers though continue to struggle, and may be a genuine dinosaur. Canadian newspapers are still in tough; the Sun chain keeps being subsidized by Quebecor and management blindness insists on bleeding the otherwise profitable PostMedia chain dry to support a money losing ineptitude called the National Post. The Post is unaivaible in the prairies and Atlantic Canada outside Halifax. Kill it already and support your local newspaper.
Reuters/CNews, January 10 2011