Report: US Newspapers See Rapid Decline in Value

Pew Research: Over the past two decades, major U.S. newspapers have seen a recurring cycle of ownership changes and steep declines in value. Steep revenue and circulation declines across the newspaper industry have left many newspapers struggling. Over the past decade, weekday circulation has fallen 17% and ad revenue more than 50%. In 2014 alone, three different media companies decided to spin off more than 100 newspaper properties, in large part to protect their still-robust broadcast or digital divisions.  Recent sales of major papers show dramatic devaluation and suggest a tough road ahead for the newspaper industry.