[jacquesm]

Not how up to the .com bust the newspapers were actually making more money than before. The collapse of the market took a heavy toll, both on newly minted online media as well as on established media that had made the jump to online.

[eli]

The downturn in revenue also coincides with the rapid expansion of Craigslist, which devoured the previously pretty reliable classifieds revenue.

But print readership was going down for a while before then. TV news was on the rise. I think it was a lot of factors at once.