The collapse of the mainstream media became even more apparent yesterday with three huge stories happening on the same day. I've already pointed out that the New York Times' bonds were cut to junk status by Standard and Poors.
Then the Christian Science Monitor announced it would stop printing its paper edition and become exclusively web based.
The the big news that affects Arizona is that Gannett announced another 10% layoff.
The Gannett Company, the nation’s largest newspaper chain, will lay off about 10 percent of its work force by early December, company executives said on Tuesday, a few days after Gannett disclosed another sharp drop in revenue and earnings.