The Times of London still sits behind an all-but-impermeable paywall, erected a year ago, that has not only devastated web traffic but coincided with a major drop in print circulation as well.

FORBES: The New York Post Gets a Paywall -- But Only on the iPad

Meanwhile, the Post just reported one of the biggest circulation drops of any major newspaper with the lucrative Sunday edition selling 5.2% fewer copies and the daily edition skidding almost 10%.

FORBES: The Washington Post Is In Even Worse Shape Than You Think

The classifieds business has been eviscerated by the online equivalents, display advertising is declining and so are circulations and circulation revenues: those are the three major revenue sources for a newspaper.

FORBES: The Koch Brothers Are Bidding To Become Newspaper Magnates

Major U.S. newspapers continued to struggle with declining circulation during the six months ended March 31, although a handful of scattered exceptions managed to eke out modest gains.

FORBES: Magazine Article

Sales of several major Scottish newspapers have fallen substantially in the past month, according to the latest circulation figures.

BBC: Scottish newspaper see sales slump

In an indication of the amount of illegal ivory in circulation, authorities in the Asian port of Hong Kong have announced three major seizures of smuggled shipments since October.

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