Bad news

Less than half American adults regularly read newspapers. In Iceland, it's 96 percent. OK, let's get the joke out of the way: What else is there to do in Iceland?

Here's something that's not funny: American newspapers' revenue fell 30 percent from 2007 to 2009. But the decline was in single digits in Australia, France, Austria and South Korea. And far better than in the United States in almost any wealthy country you name.

Newspapers clearly are much worse off in America than in other wealthy democracies. Why? What can be done about it?

Click on the headline to read the New York Times article.