"They say Knight-Ridder doesn't have a plan. Actually they do, " Ferrick said in an interview. "They are going to jettison the old, shoot the young and
torture the survivors, which, come to think of it, seems to be an industrywide plan."
http://www.latimes.com/business/la-fi-newspapers10oct10,0,2454830.story?coll=la-home-business
An industrywide circulation drop of 1.9% for the six months ended in March was one of the biggest in recent times and continued a fairly consistent two-decade decline. Daily newspaper circulation has fallen nearly 9 million from its 1984 peak of 63.3 million, while the U.S. population has grown by about 58 million. The country lost 306 daily papers, 17% of the total, between 1960 and last year.