"The State of the News Media 2009"
The introduction to the Pew Research Center's Project for Excellence in Journalism's annual report on the State of the News Media says it all: "This is the sixth edition of our annual report on the State of the News Media in the United States. It is also the bleakest."
This is hardly a surprise given the economy, the rising cost of newsprint, a decrease in advertising and a myriad of other factors I'm sure you've been reading about.
NPR's "Talk of the Nation" devoted a segment to the report today.