By: Patrick Gillespie | Mashable
The long-suffering print media industry continued its decline last year. Print circulations and advertising revenues are both down. Companies rooted in the printing press are surviving, and now profiting, thanks to their erstwhile competitors: the Internet and television.
The advent of internet paywalls and advertising in recent years marks the industry’s first attempt at monetizing online news. In recent months, some traditional print companies have increased their broadcast television presence, buying more local stations.