The decline in advertising revenues at the NYT accelerates again, and now the largest newspaper in New Jersey, the Star-Ledger of Newark, is threatening to shut down next January, if its employees do not voluntarily accept buyouts and unions do not agree to concessions. Editor & Publisher obtained and posted a copy of the email from the Star-Ledger publisher to employees. See it here.The NYT is not threatening to close yet, but advertisers are deserting it so fast now that its business model can be considered broken-to-year, advertising revenues for The New York Times Media Group decreased 15.1%.The panic which must be spreading through the ranks of print journalists can be expected to weaken their hold on mental equanimity. Expect press misbehavior to accelerate. Hat tips: Ed Lasky and Susan L.(Read Full Post)