News.com has report on the growth of online media, largely at the expense of the traditional print media. This is a disturbing trend for the newspaper business and makes the work I’m doing at the Collegian pretty important. Studies like this emphasize the importance of getting the print media to adjust to serving two formats.
One thing that is interesting note in the article is that NYTimes.com has gotten 270,000 visitors to sign up for its TimesSelect service in 2 months. This is encouraging for the business side of things. Matched with the growth of online advertising, I think there may be a bright future ahead for online media.