For all the good things that happen with technology, there are some shifts in old technology that are replaced by a new wave. In the case of newspapers, they withstood the wave of Television but the Internet is proving a tough task to handle.....it begs the question - who will do the investigative reporting made famous by Watergate, the Clinton scandals and more recently the Steroid scandals in Baseball?
Here is the latest on the New Haven Register and their parent company....the New Haven Register's parent - the Journal Register - filed for banckruptcy protection this weekend.
The Journal Register follows the Tribune Co., which owns the Los Angeles Times and Chicago Tribune newspapers, and the Minneapolis Star Tribune into bankruptcy. The collapse of the U.S. newspaper industry has accelerated as publishers struggle to compete with online search engines just as the weak economy hurt advertising sales and subscriptions.
Since 2006, the company's revenue has dropped by more than 20 percent, Hall said.
The company operates primarily in the Philadelphia and Cleveland areas, as well as throughout Michigan. Its newspapers include the Delaware County Times and the Trentonian near Philadelphia, the Oakland Press in Michigan and the News-Herald outside of Cleveland. It recently sold two Connecticut dailies -- The Bristol Press and New Britain Herald --and closed some weeklies.
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