Jon Friedman of Marketwatch.com wrote a column yesterday that cut right to the chase.
Friedman's first sentence: "This is a scary time to be a newspaper journalist."
The New York Times, The Philadelphia Inquirer, The Philadelphia Daily News, The San Jose Mercury News, and the San Francisco Chronicle have all announced layoffs or cutbacks and buyouts. This means fewer reporters to pitch to, and reporters who will be less willing to take a chance on a story that is not obviously box office. Here’s hoping for better times for all.