As the days passed last year, it was as if some creeping, flesh-eating virus had got hold of the newspaper industry. Nearly every month brought fresh evidence of decay, proof that a major contraction, driven by skyrocketing costs for newsprint, was occurring among papers large and small, famous and obscure. In January the Milwaukee Journal and the Milwaukee Sentinel announced a merger, destroying about 500 jobs--and creating yet another one-newspaper town. In March the Fort Worth Star-Telegram abandoned its all-day edition. In April the Houston Post walked off the field, leaving its rival, the Chronicle, with the run of the city....
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THE BIGGEST STORY IN THE NEWSPAPER INDUSTRY THESE DAYS IS ABOUT DOWNSIZING, COST SLASHING AND CUTTHROAT COMPETITION. WILL THE DAILIES SURVIVE?
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