Here's something new and interesting on the decline of newspapers.

A longtime Los Angeles Times reporter, William Lobdell, has left the paper and provides his list of the 42 Things I Know about the newspaper, its challenges and its future in the Web 2.0 world.

Here's a sample, from Lobdell's blog:

There is plenty of uncertainty about the newspapers, but this much I know:

1. I made the right decision leaving the newspaper business.
2. That’s not to say I’m happy about breaking up with my one true career love.
3. But the business model for newspapers is broken.
4. No one has figured out how to fix it.
5. That’s probably because it can’t be fixed.

There's a lot more in the post worth reading ... from someone who's actually been in the trenches.

I posted the following this morning on my NewsNosh blog. I think it's relevant here as well:

The news earlier this week that Los Angeles Times Editor Dean Baquet had been forced out of his job is yet another sign of trouble in the mainstream media.

The LA Times chief had reportedly resisted additional staff cuts in the newsroom from parent Tribune Co. The Times reported on the scene:

Some in the newsroom were deeming the loss of Baquet "the election day massacre."

Just weeks earlier, Baquet had received widespread support when more than 600 newsroom employees signed a petition sent to Tribune saying they backed their editor.