Matthew Ingram notes that the newspaper moguls are still in complete denial:
“Don’t believe all you’re being told about the death of the press: more people all over the world are reading newspapers. What’s more, they’re still a powerful medium for advertising,” he says in a piece for The Independent. In other words, just ignore the dramatic declines in readership and the stories of newspapers laying off thousands of people or putting themselves up for sale. Just a flesh wound.
Someone needs to ask these guys a simple question: How many people 25 or under do you ever see with a newspaper?
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