Forecast: newspapers have many years to go

By Louisa Ada Seltzer

The latest forecast for America’s newspapers would suggest that extinction is not too far off. UBS figures newspaper revenues will be down 12.2 percent when the final figures are in for 2008 and tumble another 17.6 percent this year.

Already, a number of papers around the country have cut circulation, or frequency, or both, and others have gone online only, scrapping their print editions entirely.

More of that is widely expected to occur this year as the ad recession deepens.

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