When was the last time you bought a print newspaper, a book or a DVD? If you are reading these lines, chances are your media diet is mostly digital.

Yet, these changes have deep implications – not only for the media industry, which sees ad dollars slowly migrate, but also for the Internet, as online freedom was recently threatened by PIPA and SOPA.

From closing bookstores to declining readership, here’s an extract from an infographic that summarizes the ongoing transformation of the media industry – and failed attempts to control it:

decline of the media industry newspapers 520x1514 The decline of traditional media [Infographic]
Click here to see the full graphic, provided by TotalBankruptcy.com.