Dean Singleton Sounds Off On Newspaper Woes -- Our Commentary Here

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By: E&P Staff MediaNews Group CEO Dean Singleton believes the woes of the newspaper industry are due to the downturn in the economy. Singleton told PaidContent's David Kaplan, "at least 60 percent of the revenue problem we're facing today is good-old fashioned economic recession."

Singleton also explained that it's not necessary for a one-to-one exchange to occur with print and online ad revenue. "If we lose $1 dollar in print, we don't need $1 dollar to come back online. We need 30 cents. Maybe even 20 cents, because of the marginal profit that online produces," he told Kaplan.

Mark Fitzgerald and Jennifer Saba have their own take on Singleton's remarks. Hint: It's a lot more than just the downturn.

For more, check out the Fitz & Jen blog.

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