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"Serious journalism never paid its way: the model that sustained it has now crashed. Classified ads, once the river of gold, have flowed online to Craigslist and Friday-Ad. Cars, jobs and property ads are credit-crunched away. As Roy Greenslade says, free news on the web has always been parasitic on the ability of papers to generate print advertising."
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"Several Booth and MLive.com affiliate newspapers today announced major changes, including the closing of The Ann Arbor News and fewer days of print publication for The Flint Journal, The Saginaw News and The Bay City Times. The Grand Rapids Press, Kalamazoo Gazette and The Muskegon Chronicle will remain seven-day publications, but will implement reduced wage and benefit packages for current employees."
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"Bloggers could be the salvation of newspapers, according to a trends analysis by J.D. Power and Associates, a research group associated with publisher McGraw-Hill. Almost 40 percent of bloggers are willing to "pay for news content," rather than sample it for free online, the analysis found."
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"Some interesting news came our way last week when another UK Search Marketer told us they’d been offered (and had paid for) links from the website of a major UK newspaper. At £15,000 it was an expensive buy, but with the national newspaper sites being such huge authority hubs they felt it was worth the money. The most unusual thing, aside from the high value of the deal, was that they’d been approached directly by a journalist, not by the newspaper in question."
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"No one sane ever went into journalism for the money, and neither did I – which was a good thing. I've made my first million as a professional newspaper writer/editor, but it took nearly 36 years."
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