It's Not Newspapers That Are In Trouble, But Their Owners
As this article observes, most newspapers are making a profit margin of 10%. That's down from the old days, but good for a business generally -- particularly in these economic times.
The problem is that the large owners have huge debt accumulated from previous buying sprees, and the publicly traded companies suffer from unrealistic market expectations and fear by stockholders that newspapers have little room for growth.
The problem is that the large owners have huge debt accumulated from previous buying sprees, and the publicly traded companies suffer from unrealistic market expectations and fear by stockholders that newspapers have little room for growth.