NEWSPAPER CHAINS FACE TOUGH FINANCIAL CHALLENGES

From PBS's web site:

NEWSPAPER CHAINS FACE TOUGH FINANCIAL CHALLENGES

"If I'm a journalist, trying to cover news in the Boston area, and all of a sudden -- you know, I have been working for 15 years, and my audience in print has been declining at 1 -- you know, 1 percent, a point each year, the Internet comes along, and my audience has suddenly expanded again.

And, if you take "The Boston Globe," for example, their Web site, Boston.com, has four or five times the reach that "The Boston Globe" does. And, so, as a journalist, my potential to have an impact and knit a -- knit a community together should have gone up. "

http://www.pbs.org/newshour/bb/media/jan-june06/paper_3-9.html