The crisis of the printed press

The business paper Les Echos analyses the difficulties faced by publishing houses and print media in view of the rise of the Internet. "At the press summit in Lyon at the end of October, the distress of French publishers was palpable. ... They have understood that the Internet, although it has become indispensable, cannot solve their economic woes. ... And the same is true at a global level. Faced with the oversupply of free content on the Web, printed newspapers are no longer able to convince readers to buy their product regularly at what many consider too high a price. ... Banal information can no longer be sold. By contrast, readers are still ready to pay for what they see as valuable information. ... Then there are the other solutions such as patronage or public money. But at what cost to editorial independence?"

» full article (external link, French)
More from the press review on the subject » Publishing houses, » Print media, » Online media, » France
All available articles from » Nathalie Silbert

» To the complete press review of Tuesday, December 9, 2008