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Bad Week (and Decade) for Newspapers

Half right. Many newspaper/media companies were hot on the trail of their online futures from 1998-2001. The inflection point was the perfect storm of 9/11, dotcom crash, and economic downturn of late 2001-early 2002. Old media guys in senior management freaked out and went into wagon circling mode; new product development went out the window, and it became the cost-cutting show. What you see is the results.