Hardly a month will go by without some sort of lament from journalists about how their customers are fading away. People are finding other sources for their news, and the ranks of the faithful have been disappearing at an ever increasing rate.
This news article reports that circulation fell about 2.5% in the past 6 months, which is one of the worst periods for the industry in the past 20 years.
Most of the stories I’ve read about this trend blame wanton bias on the part of the readers. The common wisdom seems to be that people will turn away from news sources that actually tells it like it is, and instead they’ll seek out comforting news venues which will reinforce their own slanted vision of the world. It’s remarkable that the Reuters article to which I linked avoids doing this.