Tuesday, July 21, 2009

10 Reasons You'll Actually Miss Newspapers

Investors are bracing for another lousy quarter from newspaper companies. Wall Street expects the New York Times company, for example, to report that second quarter sales were down 19% year-over-year. Analysts expect Gannett to report a 15% year-over-year decline in second quarter revenues. McClatchy sales could drop 25% year-over-year.

But as newspapers die, we're losing more than just a news format. We're also losing a plentiful, inexpensive tool for household activities, arts and crafts, and more.

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