Jon Fine: Newspapers Losing Money

“Last week Dean Singleton, CEO of MediaNews Group (which owns the Denver Post, San Jose Mercury News, and 55 other American dailies) gave a remarkably candid speech on the state of the American newspaper to the World Newspaper Congress in Sweden.

It’s drawn a bit of attention in the European press, but not so much in the US. Kind of strange, really, when you’ve got the CEO of one of the largest newspaper companies saying stuff like this:

In the future, there will be two categories of newspapers.