The publishing industry had long been grappling with sinking advertising revenue, which was exacerbated by the global economic meltdown. This reflected a longer-term secular decline as more readers get news free online, thereby making the print-advertising model increasingly irrelevant. Circulation Falling Prey to the Internet Newspapers have fared far worse than magazines, as web-based news [...] (ABC) Publishing Industry Outlook – February 2011 – Industry Outlook