Out of Town News is Closing

As this video shows, Harvard Square's Out of Town News is closing.  The newstand near the Harvard T station is suffering from the same decline that newspaper and magazine publishers are.  It seems like there are a lot of people who will be sad to see the change but there must not be all that many people actually buying papers and magazines.  There is one other newstand on the Square and a big selection of magazines in the Coop so there is also probably an oversupply of news dealers at a time when the fortunes of the medium are declining.