More people are getting their news from the internet than newspapers according to a new report from the Pew Research.

The Internet now trails only television among U.S. adults as a destination for news, and the trend line shows the gap closing.

Overall, nearly every sector of the U.S. news industry saw revenue growth in 2010, except for newspapers.

The report predicted that 2010 might also be the year when online ad revenue surpassed print newspaper ad revenue for the first time. Due to the drop in ad revenue newspapers have been cutting back staff.

“When the final tallies are in, we estimate 1,000 to 1,500 more newsroom jobs will have been lost — meaning newspaper newsrooms are 30% smaller than in 2000,” the study said.

According to the report newspapers are have been slow to embrace new technology and keep up with the changing times. As a result they have become irrelevant to a whole generation of young users.

The report also says the recession has not helped. Today’s newspapers are smaller, their aspirations have narrowed, and their journalists are stretched thinner, the study found.