You know things are bad in the newspaper business when you wonder whether you should resubscribe to your favorite newspaper as a charity gesture.

Times are hard, and I’m still questioning whether I should renew my subscription, when I get everything I want online.

Then I read that my favorite newspaper’s revenue dropped 13.9% and, most worrisome, that its Internet revenue slid along with it. As Forbes notes, “those online revenues continued to account for a bigger and bigger piece of a smaller and smaller pie.”

I still remain convinced that the digital future of newspapers is strong. New technologies (successors to the Kindle and the iPhone) will bring serious readers back into the fold, even as paper dies. I just hope the New York Times and other newspapers can survive until then.

Posted under Michael's Blog