Newspapers’ Obituary?
As publishers continue to lose readers and advertisers to other media, revenue is expected to decline, making the newspaper publishing industry risky business.By IBISWorld Lead Industry Analyst Agata Kaczanowska As Seen in American Banker Newspaper publishers’ traditional papers are biting the dust because consumers favor the real-time reporting capabilities of online news outlets, including social networking platforms like Twitter. The most direct competition for the industry is from internet-only periodicals, which have lower production and distribution costs. Other competition