Anyone want to analyze the newspaper business? Anyone? Bueller? Anyone?

I’ll preface this by saying that the U.S. newspaper market is quite different than the Canadian market. Canadian newspapers have managed to hold on to what they had far better than their American compadres. However, the news on the newspaper biz continues to reflect an industry under tremendous duress. A recent article from Reuters indicates that the number of financial analysts who cover the newspaper industry are dropping like flies, and the ones that are still doing it sound like this…

“If I covered only the newspaper industry, first of all I would have been fired a long time ago; secondly, I would have had to kill myself,” Appert said.

Full article: Number of newspaper analysts dwindles