Today is the ‘State of The Times‘ meeting, the annual New York Times get-together. Hot topic this year is paid content. However despite all the recent noises the paper has been making about paid content, managing editor Bill Keller is clearly a man hoping to put off the unsavory for as long as possible.

It’s not your imagination, newspapers are getting smaller (buying the Sunday Times this weekend was a bit of a shock). However there’s nothing like cold hard numbers to bring the dire reality home. The AP filed this report yesterday about another severe slump in ad sales.