State of the News Media 2010: ‘Literally no way to make money selling news’

Pew Research Center’s Project for Excellence in Journalism released its annual State of the News Media report on Monday. The results of the report prompted this Gawker headline: “ There is literally no way to make money selling news .” Is it really all that bad? Well, sort of. According to the report, cable and online were the only two media to see audience gains from 2008 to 2009. Network and local TV, magazines and newspapers all saw declining audiences. Cable was the only media …

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