Wednesday, September 14, 2011

Newspaper industry shrinkage expected to continue

Continued consolidation. Fewer reporters. Fewer papers. Fewer owners. More money. That's a forecast for the newspaper industry from Dean Singleton, NewsMedia executive chairman who has long predicted extreme industry consolidation.

In an interview with the Nieman Journalism Lab, Singleton said he had that vision 15 years ago when his company wasn't in the top 10 nationally in circulation. Today, it's number two.

Singleton said he didn't expect the industry to die -- just continue consolidation.

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