Dinosaur Death Throes

The old media has slashed more than 43,000 jobs in the last 6 years. And, it's getting worse.

U.S. media job cuts surged 88 percent in 2006 from the previous year, a downsizing trend expected to continue this year, a survey said Thursday.

The media industry slashed 17,809 jobs last year, a nearly two-fold increase from the 9,453 cuts in 2005, outplacement consultancy Challenger Gray & Christmas said.

Remember that when you read stories like this.