More Roads: Why Traditional Media Is in Decline

Newsday takes a look at the shifting landscape for newspapers, noting that while they may never hold the same place in culture as they once did, there are many opportunities to grow within the new media landscape.

“America’s newspapers face unprecedented challenges for advertising dollars and the public’s attention… Newspapers will never go back to their historical level of profitability… Newspapers used to have a near-monopoly in the market, and the newspaper owner owned the road on which information flowed.”