New Media and the NewsMar 15
Media and the News
There is no doubt that new media is causing real problems for older media delivery methods…especially newspaper. With many embracing the 24 hour news cycle and accessing most news online, few are finding it necessary to have a physical copy of “yesterday’s” news.
Given the financial woes of the old media industry, media tycoon Rupert Murdoch announced recently that he will start charging viewers for the content on all of his media publications in an effort to help a dwindling revenue stream.
While many believe that old media is on it’s way out, others believe that old media can still survive if it seriously commits to revamping it’s business practices as well as delivery methods. While the verdict isn’t out, there are a large number of people that support the revamping of old media for the 21st century. Many, though, believe that old media should finally rest in peace.
GCG explored if old media is on its way out over the next five years, is Murdoch right to start charging for content.
Do you feel that it was the right “move” for Murdoch to start charging for content?
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