You think you had a tough year?

January 21st, 2010 by Ken

If you think you had a tough year, try being in the media business.

According to Vocus Media Group, which keeps track of such things, 293 newspapers folded in 2009.   In addition eight magazines with circulation of more than one million also ceased publication during the year.   Additionally 1,126 magazines of all types, folded.

It wasn’t much better in the broadcast industry.  Across the country last year radio stations laid off more than 10,000 employees.  As many as 100 television stations were impacted when their parent companies declared Chapter 11 bankruptcy.

If you want a full account of the catastrophe that befell media in 2009  go to Vocus Media Group’s web page.

And, don’t forget, you can always get local news and opinion right here or you can subscribe to Ken’s Corner & The Real News, now in its 23rd year of publication.   You can also hear Ken’s Corner on KGY radio AM 1240.

Posted in Business, The Real News

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