More Newspaper Troubles

by Jim Pasinski on March 24, 2009

By Jim Pasinski has a look at some other newspapers that are in the midst of a financial crisis of their own, as newspapers in Michigan struggle in particular.

Social media guru Paul Gillin is quoted in the article, providing insight on why so many newspapers are in this struggle:

Paul Gillin, a social media consultant, said such losses are to be expected for an industry that has failed to adapt to the influx of online publishing tools and social networking sites.

“Information has become democratized today,” said Gillin, who has predicted print newspapers will disappear by 2015. “You get a lot of advice from your friends, blogs and multiple media sources. Who reads just one newspaper?”