Gannett: A newspaper recovery is nowhere in sight

The troubles of the newspaper industry are well-chronicled. Many chains are bankrupt or close to it. Some city papers have closed completely.

Newspaper publishers hope that as the economy recovers, so will their advertising, which has been falling at a rate of 20 percent or more year-over-year. Many experts believe that there will be no recovery. Too many print marketing dollars have moved to the internet and won't be back.