Friday, May 22, 2009

Pew Center illustrates how Craigslist is killing newspapers

CNET: "Not that this is big news but the Pew Center helps to illustrate just how devastating online classifieds has been on newspapers. A graph of newspaper classified ad revenue since 1980 to last year ... shows that the industry saw a high in 2000 with about $19.6 billion. Last year, newspapers recorded $9.9 billion."

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