In Defense of Newspapers

Check out this fascinating post from Economic Principals.com that argues that 

Newspapers have survived three big challenges to their authority: the rise of general interest magazines from the1890s, of radio news from the 1920s, and television news from the 1950s. Each time newspapers got on top of the competition by entering the new businesses themselves, and by extending their coverage of their rivals’ spheres. “

He goes on with compelling arguments that although the “agony in the world of print journalism is very great” if it can adjust to the changing times, it will, as it has before, survive.

I hope he’s right.

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