Transcript: FUTURE OF THE NEWSPAPER INDUSTRY:CAROLYN MALONEY


Congressional Testimony
09-24-2009
Statement of Carolyn Maloney Chair Senate Joint Economic Committee Committee
on Senate Joint Economic September 24, 2009 I want to thank our witnesses
for joining us today to discuss the future of newspapers and their impact
on the economy and our democracy. The newspaper industry has experienced
serious financial problems resulting from dwindling advertising revenues,
falling print subscriptions, and a fundamental change in the way people
get their news. Recently, the plight of the newspaper industry has been
punctuated by substantial job losses, downsizing at various bureaus and
the halting of either printed editions or business- wide operations. According
to ...

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