- 24 out of 25 newspapers are experiencing record declines in advertisement revenues, which are now the lowest they've been since 1950 according to industry data tracking. Revenues are down over 50% in just the past 5 years. - While some national papers like the New York Times have had success with paywalls for their digital content, most local and metro papers have not been able to convince readers to pay, and the decline in print revenues has not been replaced by growth in digital revenues. - Social media usage and user-generated content on the web is increasingly popular and influential, with over 200 million blogs and 25% of search results for major brands linking to user content. Companies that engage widely and deeply on social media tend