Problem: The problems that the print media are facing are all too common; loss of customer base, loss of advertising revenue, etc. Some major newspapers have shut down the doors, some are struggling dearly (i.e., New York Times). At the same time, the online media outlets are flourishing. Explain in terms of economic concepts that you have studied, (Production and Cost Analysis in the Short Run and Long Run, Perfect Competition, Monopoly & Monopolistic Competition, Oligopoly, and Pricing Strategies for the Firm) this phenomenon. For instance, what does this have to do with "spreading the overhead?" What does this phenomenon have to do with various market structures discussed? Do the print media have a future?