Newspaper shrinkage ‘will continue’

Henry Blodget and Kamelia Angelova, using The New York Times as the example, lay out for Business Insider how newspapers are bound to disappear — complete with a colorful illustrative graph.

“Its core business, the print newspaper, is shrinking, and its digital business, however successful, cannot replace the lost revenue and profitability of the print business. … And despite the enormous cost cuts the company has made since the early 2000s, its operating profit — even in a recovery year like 2010 — doesn’t approach the fat years of a decade ago.

“Unless the New York Times Company can figure out a way to turn around the print newspaper circulation revenue (highly unlikely), this shrinkage will continue.”

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