The rate of journalism and editorial job losses is expected in the new year as the media industry comes to terms with a challenging 2009.
This is according to editor of paidContent.co.uk Robert Andrews, who told the Guardian's Media section that British regional and national newspapers are turning over approximately one third of what they were 12 months ago.
"I hope to see a bottoming out in terms of job losses," he told the newspaper.
It is understood that more media jobs may be created in the paid-for journalism sector, with a number of online British newspapers expected to take this route in the not-too-distant future.
Also speaking to the Guardian was Enders Analysis' Douglas McCabe, who predicted that 2010 and 2011 will prove challenging for print newspapers, with the future arguably lying in the online sector.
He also suggested that media jobs may be forthcoming in television: "TV still has something of an ability to reach a mass audience, despite fragmentation by digital, and broadcasters have been able to sustain their income during the downturn."
Earlier this month, News Corporation chief Rupert Murdoch said the future of journalism "is more promising than ever" thanks to continuing technological innovations.
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