Newspapers Collapsing… Due to Lack of Adequate Network?

Posted on 23. Oct, 2008 by in Business Summit, Networks, Uncategorized

Private newspapers are collapsing.

In some developing countries, having a private newspaper is gold.. an implication of real democracy in its government.

But the U.S. is way ahead in the sense that it has experienced its share of having various private newspapers, and now, it’s leading in the reality of the failure of many of those newspapers. Why is this happening? Is it because there’s lack of adequate networking?


Here’s why:

The U.S. is one of the leading countries in terms of exposure to the internet.

“Anywhere the internet use gets over 50% of the population, newspaper is going to fail. The internet has now replaced what we used to have,” said Thomas, Eisenmann, Harvard Business School.

There is a prediction that those developing countries where private newspapers is a big deal will also eventually experience what the U.S. is experiencing as the country gets more exposed to the internet.

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