Pew Study: Hour Glass Metaphor to Describe State of Newspapers

Are you surprised to hear newsrooms have shrunk 27% in three years? Neither are we. But here’s an article about the Pew Study anyway from Jennifer Saba at the new E&P:

Edmonds, along with PEJ, estimated that the newspaper industry lost $1.6 billion in annual reporting and editing capacity since 2000. Yet newly launched news organizations and citizen journalism efforts aren’t necessarily picking up the slack. The J-Lab project headed by Jan Schaffer found that only $141 million of non profit money has flowed to upstart media projects not including broadcast – one-tenth of the losses in newspaper resources alone, the report noted.

Read the whole piece here.