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What Paper Do You Buy?, 30 minutes, 2010 (Ref: 776) |
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As one of the world’s
oldest newspapers, The Times of London, announced it
is charging for its OnLine content we look at the
future of digital newspapers and reveal the problems
facing the press in general. Today we read more news
than ever, but many printed newspapers are facing
bankruptcy and are desperately trying to cut costs.
Some have already gone under and others are sure to
follow. The future will be digital or, at the very
least, a mixture of conventional newspaper
publishing and the online variety. Google’s Internet
business model has proven a runaway success. Its web
spiders crawl the news produced by the traditional
media, classify it and serve it up for free.
Advertising has always been the lifeblood of the
printed press, but now that is fast drying up as
clients switch to the digital media. Yet the
rock-bottom prices charged for online ads are so low
that most digital newspapers run at a loss too.
Youngsters do not buy newspapers because they get
their news straight off the Internet and from social
networks. Does this mean journalism is dead? Is the
party over for the mainstream press? Is the crisis
facing newspapers part of a wider social revolution
and a new way of spreading information? Why buy a
newspaper when one can browse any number of stories
on one’s cell phone for free?
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| More Stories about World Economic Issues |
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The Migrants Story,
Ref: 764 |
The Philippines Fights Back,
Ref: 763 |
Weathering the Storm,
Ref: 762 |
When Women are in Charge,
Ref: 746 |
Banishing the Crisis,
Ref: 746 |
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Local Heroes,
Ref: 744 |
Trade Not Aid,
Ref: 743 |
Testing Tourism,
Ref: 742 |
Peru: Property Ladder,
Ref: 741 |
Bolivia: Power to the People,
Ref: 740 |
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