I have just come out of a meeting with some newsagents where some of these gloom merchants, just got to us by telling us that newspapers were dead. There are some that just love to push themselves by spreading bad news.
I agree that now it is impossible to predict if, the current economic crisis has reached its nadir. In our industry, the figures are better than most. A key indicator would be Australian newspaper circulation is only slightly down in the past few years as you can see in this chart.
I wish these people would peddle their stories to someone else.