Newspapers damaged by recession, mayor says
While taking stock of the businesses and people suffering in the recession during his State of the City speech Tuesday, Mayor Antonio Villaraigosa mentioned the struggling newspaper industry, with this shout out:
"And the recession has done lasting damage to one of our most vital civic institutions: our great newspapers."
Oh, mayor, how you flatter us.
A web newspaper can be very helpful for those who are in need of quick information. Newspaper companies are now having a move from printed periodical to its online version. Finding a sense of online existence as an entity is crucial for newspapers that have gone entirely online, or magazines that share the same fate, and the same for newspapers looking at the same fate eventually. Since the Kindle came out, the future of newspapers being printed might be shorter lived than they had feared, but they have to figure out how they're going to get customers to frequent their service, and how to get them to pay for it. Online newspapers will need to be able to justify payday cash advances by meeting customer demand somehow.