Since 2008, more than 166 newspapers in the United States have closed down or stopped publishing a print edition, according to Paper Cuts, SFN's Million Dollar Strategies for Newspaper Companies reported.
More than 39 titles did so in 2008, and the number rose to 109 in 2009. So far in 2010, more than 18 papers have closed down or stopped publishing a print version.
According to Paper Cuts, there have been nearly 35,000 job losses or buyouts in the U.S. newspaper industry since March 2007. From March to December 2007, more than 2,256 newspaper jobs have been reportedly eliminated or offered buyouts.
The numbers increased to more than 15,992 in 2008 and were at more than 14,783 in 2009. As of May 2010, there have been more than 1,797 job losses or buyouts in newspaper companies in the country, according to the report, Million Dollar Strategies for Newspaper Companies, released by SFN and the World Association of Newspapers and News Publishers.