Newspaper disintermediation continues

Herald dedicates its new Doral headquarters - Business - " . . .The newspaper industry has suffered significant disruption during the past decade, including bankruptcies, ownership changes, layoffs and furloughs. In response, some news organizations have introduced paid online subscriptions, cut back on print delivery and introduced alternative publications. Meanwhile, daily print newspaper readership has declined nationwide by nearly 20 percent since 2001, Scarborough Research’s figures show. Yet in the past five years, the Herald has seen an 80 percent increase in monthly unique visitors to its four websites, from an average of 4.5 million unique monthly visitors in 2008 to an average of 8.1 million this year, said Alex Fuentes, general manager of Miami Herald Interactive. . . ."

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