It was only a matter of time until the newspaper would migrate to the internet. With the broad acceptance of the web, more and more folks rely on the internet as their primary news source. Non-traditional news sources, such as blogs, are springing up all over the place, and traditional publishers like the New York Times, are scrambling to stay in the game. The migration to primarily web-based news has had a tremendously negative effect on print news sources. Circulation is down and some heavyweights from years past are either struggling or don't exists anymore.
As this April 26, 2010, NYT article confirms (http://www.nytimes.com/2010/04/27/business/media/27audit.html), "the reality facing many American newspaper publishers continues to look stark, as figures released Monday show deep circulation declines, with average weekday sales down almost 9 percent since the same time last year." Traditional print media is taking a beating, and readers are seeking out 24-news channels and web based publishers as their news outlets.
Companies that initially started out as mere search engines, such as Yahoo! and Google, began offering news as well. With the ability to post news instantaneously, and their free availability, these web giants have pulled the rug from underneath the big boys. Even the New York Times is making the transition to almost exclusively printing on the web, and driving their customers to use the web by charging higher prices for their print versions of the paper.
The web has also provided an outlet for non-traditional news reporting, with private citizens maintaining personal blogs that, sometimes, are more informative and complete than regular news providers. These independent, often non-compensated bloggers, are not constrained by editorial review or an employer. While bloggers enjoy more latitude, they also suffer from a lack of credibility, especially when they write from the fringe of the political or social spectrum.
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