|Newspapers, which have been hit by declines in ad revenue, are trying to figure out how to charge for their online content without alienating readers. Above, Dorothy Miller at a newsstand in Cambridge, Mass. (Steven Senne / Associated Press / January 30, 2009)|
You think the economy is sending mixed signals? Just look at the newspaper industry.
For every “green shoot” that appears, there’s a tumbleweed or two rolling by next door.
On the positive side, advertising sales firmed a bit in June at major chains such as Gannett Co. and New York Times Co., enabling those companies to post unexpectedly strong second-quarter profits. more…