We’ve lamented this in this space before, but it really hits home when you start hearing about:
‘Several Cities’ Could Have No Daily Paper As Soon As 2010, Credit Rater Says
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.
Two truisms come to mind: 1.) The Internet changes everything. 2.) The art and task of public relations are ever-evolving.