More financial troubles at New Jersey’s newspapers

The Asbury Park Press’s building is for saleThe Press of Atlantic City is for sale.

This morning, The Star Ledger announced that they are laying off 34 people, including 10% of the newsroom.

In a poll published on January 8, Monmouth University’s Patrick Murray said that since 2005 newspapers as the primary source of news has decline from 48% to 27% among New Jerseyans.  The shift has favored the interent where 28% now get their news, up from 6% in 2005.  Television as a news source has also declined since 05, according to Murray.  48% got most of their news from TV in 05.  Now 34%, still the highest percentage, are informed by television.

There is not much good news for the industry looking forward, according to Murray’s report. 45% of 18-34 year olds now look to the net as their primary news source, up from 33% in 2009.

Posted: January 16th, 2013 | Author: | Filed under: Media, News, NJ Media | Tags: , , , , , , , | 2 Comments »