Romenesko

Fortune
It's still a $60-billion industry, notes Richard Siklos. He says a popular scenario being spread around the publishing world is this: core print newspaper revenues continue to fall at 5% per year; costs are held in check; revenue from Internet operations grow at 20%; and increasingly popular targeted magazines grow revenue at 15% or more. "At some point, those lines will cross" and newspaper profits will stabilize, a newspaper exec tells him.