The times are a changing for AP

The Associated Press will cut its service fees next year due to the severe financial turmoil most of the papers in the country are struggling with. The story below is through Yahoo Finance:

State Of AP: Singleton: Less Than 25 Percent Of 2009 Revs From Member Newspapers; No New Century Net
For a sense of the dramatic shift at the Associated Press in the digital age, consider this: by 2009, less than 25 percent of Associated Press revenues will come from member newspapers. That was just one of the stats tossed out by William Dean Singleton during his chairman's report at the AP annual meeting in Washington D.C. Monday. (Unfortunately, I couldn't make it this year so working off his published remarks.) This year, only 28 percent will come from member newspapers, he said: "Broadcasters, internet companies and international subscribers now provide the lion's share of AP revenue."