Report confirms news media still have no clue how to be financially sustainable

15 03 2011

The 2011 State of the News Media released Monday by Pew’s Project for Excellence in Journalism reports what we already know about the news industry: media convergence continues to have a negative affect on newsprint readership while online readership is growing, newsrooms are continuing to shrink while community journalism seems to be growing (yes, I’m talking to you Seattle), news consumption is becoming more mobile (yes, I’m talking to you iPhone) and we still don’t know how the hell we’re going to make money from all of this.

Some other interesting points:

Want more information? You can create your own specific search results thanks to Pew’s handy database.

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