A group of newspaper industry execs have launched a new project to promote the importance of newspapers. The project Web site - http://news.newspaperproject.org - will provide a clearinghouse of news and information on the future of newspapers:

NewspaperProject.org was launched in 2009 by a small group of newspaper executives to support a constructive exchange of information and ideas about the future of newspapers. While we acknowledge the challenges facing the newspaper industry in today's rapidly changing media world, we reject the notion that newspapers—and the valuable content that newspaper journalists provide—have no future.

Unlike websites that feature negative, gloom-and-doom stories about newspapers, this website will be devoted to insightful articles, commentary and research that provide a more balanced perspective on what newspaper companies can do to survive and thrive in the years ahead.

Today's Mondays with Dr. Joe column highlighted "gloom-and-doom" issues that newspapers are facing as they redefine themselves including an adjusted forecast from Barclays Bank analysts:

We are cutting our 2009 and 2010 newspaper advertising revenue forecast to down 17.0% and down 7.5%... Specifically, in 2009, we estimate retail down 11.0%, national down 17.6%, and classified down 27.9% (help wanted down 44.7%, auto down 37.5%, and real estate down 28.8%). In 2010, we estimate retail down 5.0%, national down 7.0%, and classified down 13.5% (help wanted down 15.0%, auto down 12.5%, and real estate down 12.5%).

Focusing on the gloom-and-doom is just as foolish as downplaying it. Newspapers have played an important part in keeping us informed, but as media usage shifts it will take entrepreneurial ideas to for them to survive.