Hispanic Magazines go bye-bye

Oh yes, I'll always remember this one quote:

“The paradox of all these announcements is that newspapers and magazines do not have an audience problem — newspaper Web sites are a vital source of news, and growing — but they do have a consumer problem.” – David Carr, NY Times, Mourning Old Media’s Decline, October 29^th, 2008

And it's the truth! Yes there are a lot of media layoffs but hey we still need to hear those stories. According to a newsletter I got yesterday, at least 23, 394 jobs have been lost in the journalism industry since September 15, 2008. Crazy right?

Well this includes Hispanic media. Today, Hispanic magazine ad pages are down 17%. Magazines like Sports Illustrated Latino and Tu Cuidad Los Angeles have folded *tear*. And remember, it's usually the "older" Latinos who read the print copies. A lot of younger folk are reading everything online! They can't stay away from the new "tube" lol.

To be honest, I really hope everything doesn't end up online. Don't get me wrong, I love reading stuff on the internet but to live in a world where you can't hold a piece of paper is scary.