More bad news for the media, says the Pew Media Report

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Pew’s annual Media Report always makes for glum reading for those in the industry, unless you’re one of those people who welcomes our new Platform Overlords and pledges fealty to our Facebook Master. Still, the numbers are staggering – $59.6 billion spent on digital advertising last year, with Facebook taking home a staggering 30% of that. Also, if you haven’t heard the news, mobile is where it’s at, while newspapers are not the business you want to be in right now. The report is 119 pages long, but the NiemanLab story gives you the highlights.

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