Journalism is dying because small-ads disappeared. The masses never paid for quality journalism.
Classified advertising revenue decline: http://www.journalism.org/media-indicators/newspaper-classif...
With a better chart and commentary: http://www.businessinsider.com/chart-of-the-day-newspapers-c...
Expanded for all advertising revenue: https://gigaom.com/2013/04/11/two-charts-that-tell-you-every...