Revenue at magazine publishing, which has been hurt by an industry-wide scarcity of advertising spending in categories such as automotive, fell 23 per cent to $806m. Lower revenue from a 30 per cent drop in advertising and higher pension expense pushed profits down 92 per cent to $12m.
http://www.informationweek.com/news/internet/google/showArticle.jhtml?articleID=217200462
Google Starts Twittering News Headlines
http://www.newspaperdeathwatch.com/
World Without Media: the Slides