Some good news for newspapers

No newspapers will declare bankruptcy in 2009. That’s just one prediction from Martin Langeveld of the News After Newspapers blog.

He has quite a few other predictions for 2009, including that the advertising decline now being experienced by newspapers will slow while their online ad sales perk up, circulation figures will stabilize and that many other papers will successfully follow the Detroit example of reducing the frequency of publication. He even expects that many hyper-local start-ups will expand from online only to print.

One provocative prediction was the partnering of Craigslist and (potentially) Ebay with newspapers as a way to drive readers to newspaper web sites.

Of course it isn’t all rosy. He expects that some major newspaper players will merge (Media News with Hearst is his top candidate) and that at least 25 newspapers will close outright.

All this might merely be of academic interest if the employment fate of thousands wasn’t hanging in the balance.



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