Sillicon Ally Insider - The latest list of top news sites put together by Editor & Publisher is ridiculously newspaper-centric and makes use of Nielsen's notoriously erratic pageview numbers (rather than the monthly visitor numbers that advertisers instead rely on).Third, no surprise, newspapers and magazines are struggling. They have 16 in the top tier—but it's astonishing that established print giants such as Cox Newspapers and Time Inc haven't yet squashed the internet insurgents with which they compete in these rankings.
'Several Cities' Could Have No Daily Paper As Soon As 2010, Credit Rater Says
CHICAGO. Newspaper and newspaper groups are likely to default on their debt and go out of business next year -- leaving "several cities" with no daily newspaper at all, Fitch Ratings says in a report on media released Wednesday.
"Fitch believes more newspapers and newspaper groups will default, be shut down and be liquidated in 2009 and several cities could go without a daily print newspaper by 2010," the Chicago-based credit ratings firm said in a report on the outlook for U.S. media and entertainment.
Fitch is generally pessimistic across the board, assigning negative outlets to nearly all sectors from Yellow Pages to radio and TV and theme parks. But the newspaper industry is the most at risk of defaulting, it says.
'Several Cities' Could Have No Daily Paper As Soon As 2010, Credit Rater Says
CHICAGO. Newspaper and newspaper groups are likely to default on their debt and go out of business next year -- leaving "several cities" with no daily newspaper at all, Fitch Ratings says in a report on media released Wednesday.
"Fitch believes more newspapers and newspaper groups will default, be shut down and be liquidated in 2009 and several cities could go without a daily print newspaper by 2010," the Chicago-based credit ratings firm said in a report on the outlook for U.S. media and entertainment.
Fitch is generally pessimistic across the board, assigning negative outlets to nearly all sectors from Yellow Pages to radio and TV and theme parks. But the newspaper industry is the most at risk of defaulting, it says.
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