The Economist: Newspapers ‘tossed by the gale’: what does it mean for consumers and the media industry?
May 15th, 2009Posted by Judith Townend in Editors' pick, Journalism, Newspapers
“Perhaps the surest sign that newspapers are doomed is that politicians, so often their targets, are beginning to feel sorry for them,” opens this analytical feature in The Economist.
Yes, the news industry is struggling, but ‘the plight of the news business does not presage the end of news,’ it says. “As large branches of the industry wither, new shoots are rising. The result is a business that is smaller and less profitable, but also more efficient and innovative…”
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