News future is tied to the web is a great read on the future trend of journalism.
WSJ also reported on April 20, 2007 how Gannett Co., New York andTimes both reported lower profits for the quarters while Tribune Co. was reporting a loss from a profit a year earlier. All three publishers pointed to a difficult environment for print classified advertising, particularly in real estate. The results highlighted how the defection of advertisers and readers to the Web is eroding newspapers' financial performance.
Related reading:From Print to Online;Blog It UNICEF;Hands on the keyboard;The Power of Blogs;
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