Things are not looking great for the newspaper industry. Revenues have been falling both online and in print and looks like News Corp was right in taking a stand on charging for content. Here is how the online revenues have fared
Online revenues in Q3 2008 : $750 million
Online revenues in Q3 2009 : $623 million ( 17% fall)
This is the sixth consecutive quarter when the online revenues have fallen in YoY comparison.