A Bleak Outlook
By Tessa Leone
Time.com has just released a list of 10 major newspapers that are predicted to either fold or move to a strictly Web based publication within the near future.
On this list is: The Cleveland Plain Dealer, The Philadelphis Daily News, The Minneapolis Star Tribune, The Miami Herald, The Detroit News, The Boston Globe, The San Francisco Chronicle, The Chicago Sun Times, The Daily News, and The Fort Worth Star Telegram.
" It is hard to imagine that when I am old I will have to explain to my children what a newspaper was," said consumer Gina Telaroli.
It looks like the economy and news industry are taking some hits, although with the forecasted discontinuation of all of these newspapers the environment is at least benefiting.
Photo Credit: photobucket.com
Paying for Online News
By Ryan Franker
A survey was taken to 5,000 people in America and nine other countries, on whether they would pay for online news.
About half of Americans, 48%, said they would pay for online news and even news that is on their mobile phone, but said they would only pay about $3 a month for news on the Internet. The people in Great Britain tied with the same percentage of Americans willing to pay for online news, while Australians tied with the amount willing to pay for news with Americans.
Italians are willing to pay an average of $7 a month for the online news.
There is a large difference in how many news outlets the Europeans get their news and how Americans get their news.
In Europe there is a generally dominated by a couple large news outlets, where in America it is all over the place. Europeans are more willing to pay for news, just because they cannot go to a free news outlet like Americans do.
The people that are more willing to pay the money to read the news online, are the readers that have avid newspaper readers.
(Photo Credited: flickr.com)