http://www.newyorker.com/talk/content/articles/060403ta_
talk_surowiecki James Surowiecki says the newspaper business is still a decent business to be in: whilst there’s no potential for extreme growth (unlike high-tech stocks, say), they’re solidly profitable year after year, and will remain a big industry for quite some time. 22:03
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Entry Posted March 29, 2006
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… that gives them an advantage in covering a local area unmatched by anyone. Still, newspapers have seen some unsettling drops in readership and the decline in classifieds might be a troubling portent. On the other hand, newspapers arefar from finsishedand the warning signs have actually helped some papers to retrench and repair wasteful processes. In terms of readership, ewspapers still enjoy esteemed and privileged positions in their local markets that are still worth a lot, but Wall Street is …
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