Other financial impacts - Newspapers
Is there a post-media world?
I can't quantify this in any meaningful way, it really is just a gut feeling. More and more of late it just seems that journalists in town are collectively kind of depressed. I know the media as an industry is not doing well, but it really is kind of bad, or at least more obvious than in the past. Then (via Editor and Publisher) from Reflections of a Newsosaur comes this quote on the state of media as an investment:
The shares of seven publicly held newspaper companies today plunged to the lowest point in modern history in perhaps the worst single trading day ever for the industry.
That blog link has a very scary picture of the trend in major media stocks in recent years. It makes even the Dow Jones of late look like a safe haven for your money.
More on the Post-Media World: Blogarama
Just on the changes impacting journalism in general, or the nexus of blog-dom and journalism at least. The buzz in some journalism circles of late is from a blog comment on some internal comments made following layoffs at the Tampa Tribune. Currently with over 200 comments see this blog post: '"It's Worth Fighting For"'. The author actually being an intern at the Tampa Tribune so you are getting the straight scoop. Not bad for an interns blog.