Newspaper Roundup, Sponsored by Zoloft

While we have all been distracted locally by the Rocky Mountain News’ situation, here’s what has been going on outside of Denver during the past week:

Again, that was the past week. In total, Ad Age estimates that the media industries “have shed more than 30,000 jobs in 2008. … That’s about 3.5% of the total media work force of 858,000. Since the bubble-inflated high-water mark in 2000, media has lost more than 200,000 jobs.” For those of us with journalism degrees and newspaper reporting/editing jobs on our resumes, the profound sadness we feel for the newspaper industry is almost indescribable.

WSJ Proposes Merger to Help ‘Financially Distressed’ MediaNews

Before Dean Singleton engages in too much scheudenfraude about the Rocky’s plight, he might want to read this weekend’s Wall Street Journal, which notes that MediaNews Group is among several publishers that “are carrying heavy loads of debt given their fast-shrinking revenues.” The WSJ’s solution for MediaNews: a merger with fellow troubled publishers Freedom Communications and Lee Enterprises.