Friday, September 23, 2011

Newspapers facing revenue/readership crisis

A candid snatch of information from a writer at the Guardian newspaper in a column lamenting the disappearing printed news service. It's this: Despite a hemorrhage of readers from printed to online news, metropolitan newspapers still obtain the majority of their revenue from the printed version. The split at the Guardian, we're told, is 80/20. It is not jaw-dropping stuff but if you believe unconfirmed information that more than half of readers are now getting their information online, you can see what a crisis it represents for the papers.

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