Newspaper industry in the United States bogged down in the impact of lost network closures

150-year-old newspaper "to an end"

 Denver's "Rocky Mountain News" are the latest financial crisis, the collapse of a well-known Newspaper. February 27, the newspaper published a Newspaper Finally after a "put to an end."

 The front page of this issue book article wrote: "We are very sad today to bid farewell with you. U.S. newspapers in Denver, Colorado, in the United States and in the world on the end of the history of this."

 "Rocky Mountain News" The closure of residents in Denver caused a great stir, because the newspaper will soon celebrate 150 years of age "birthday" is the CO's oldest newspaper.

 Coincidentally, the well-known political website Real Juan ClearPolitics recently selected the subject to the closure of 10 major newspapers in the United States, including the "New York Daily News" and "Los Angeles Times" and other well-known newspaper, "Rocky Mountain News" also list well-known. In the list on the second day out, "Rocky Mountain News" on the announcement to cease publication.

 Can not be optimistic about the prospects for traditional media

 December 2008, the United States capital markets credit rating agencies - Fitch Credit Rating Co., Ltd., in an assessment report that the impact of economic recession may continue into 2010, media, especially newspapers and magazines of the years 2009 in particular, is not optimistic, or even "In some cities, there is likely to disappear Journal will be."

 Newspapers and magazines in recent years more than the United States are affected by the severe impact of online media, in the past, advertisers have turned a broader audience, a greater influence but more cost-effective network media, the financial crisis on the impact of the traditional publishing industry is the media giants are also days wearing on like years. The United States "New York Times" recently said in a statement that the sale of the company is located in Manhattan, New York part of the floor of the headquarters building to raise 225 million U.S. dollars to ease the tense capital. The same day, American newspapers McClatchy Newspapers giant announced 1600 job cuts, layoffs amounted to 15%.

 Fitch credit rating Ltd. Securities analyst said, have a lot of other newspapers by the end of 2010 may be folded, those concerned with local news, and the number of employees less the amount of paper is not the newspaper will continue to exist. In the past two and a half months, the United States has 33 daily for all four filed for bankruptcy protection, but also a lot of other newspapers will soon be sold.

 Cime Leighton said: "We think the Internet has increased the economic recession brought about by stress. A lot of newspaper groups are in a very difficult economic situation. We think the next two years there will be more Newspaper Group bankruptcy, more newspaper to cease publication. "

 Difficulties with the industry not unrelated to the bubble

 Beginning in December last year, the Forum Press Inc., Minneapolis Star newspaper companies, News Chronicle and the Philadelphia newspapers four giant American newspapers have filed for bankruptcy protection, with a view through the debt restructuring was a chance of survival. Filed for bankruptcy protection, the company can continue to operate without having to file for bankruptcy as soon as the liquidation of assets, to solve the unemployment problem employees can be said to temporarily relieve a sigh of relief.

 The reason why American newspapers in trouble, and mergers and acquisitions resulting from the bubble was not unrelated to the industry. With other similar industries, the vast majority of newspaper mergers and acquisitions are financed through borrowing completed, thus leading to high debt ratio newspapers. Financial crisis hit, the price bubble burst, and required the company to repay the interest burden.

 Or in the evening free of charge promotions, or integrated compression existing layout, or a substantial layoff, or requiring employees to reduce the day-to-day office expenses, or to the layout "wholesale" customers give Google the ads published in the ... ... even though every means resorted to in order to make a living, but , a growing number of American newspapers is still difficult.