It's tied to lack of ad spending. This is global across the entire advertising industry. Companies are spending less because of the pending recession and in particular they're spending a lot less on advertising, because people are not buying much right now (they often aren't even going anywhere for days at a time).
This, 100%. My institution advertises with local news agencies and newspapers. The local television CEO contacted our President to thank him personally for keeping up with the ad buys. They've had a 90% drop in ads being purchased.
Apparently it's us (community college), the state, and grocery stores still buying ads.
