Future of Newspapers

The Economist writes that “newspapers are making progress with the internet, but most are still too timid, defensive or high-minded.”

Even the most confident of newspaper bosses now agree that they will survive in the long term only if, like Schibsted, they can reinvent themselves on the internet and on other new-media platforms such as mobile phones and portable electronic devices. Most have been slow to grasp the changes affecting their industryremarkably, unaccountably complacent, as Rupert Murdoch put it in a speech last yearbut now they are making a big push to catch up. Internet advertising is growing rapidly for many and is beginning to offset some of the decline in print.

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Rajesh Jain

An Entrepreneur based in Mumbai, India.