Independent newspaper analyst John Morton and media economist Miles Groves have announced they will cease publication of their well-respected Morton-Groves Newspaper Newsletter. Forbes has the story including this quote from Groves writing in the final issue:
Instead of making the technology, personnel, marketing and product investments critical for success, industry leaders have accepted that desirable circulation levels are not sustainable and circulation declines are inevitable.
Many working with newsagents would not want news like this to be reported. My view is that the sooner newsagents accept that fundamental and far reaching change is impacting their core business the better. The change is an opportunity.