Warren Buffett said on Sunday the long-term prospects for the newspaper industry would deteriorate because of fierce competition from other outlets for advertising dollars, such as the Internet.

Now that an economic - and advertising - recovery is under way, David Carey, the publisher of the New Yorker, is eating very well, but for the wrong reasons. But even the Magazine Publishers' Diet has not kept the industry healthy. For the last nine months, the number of advertising pages in consumer magazines has declined, bucking broader trends and spreading frustration across the industry.