Few industries have gone from boom to bust as quickly as newspapers.
In 1989, I was working for the Rocky Mountain News, and times were good. Really good. Our circulation was soaring, and ad sales were humming along.
Fast-forward 20 years, and many things have changed. The Rocky has disappeared, and several other major dailies have followed that same path to extinction. Craigslist has drained away classified advertising. The current economic downturn is taking its toll. And of course readers are turning to the Internet for their news and away from print publications.