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05 Aug 2010, Posted by Eric Karstens in Journalism, 0 Comments

Legacy media, the Internet, and journalism: a roundup


Legacy media are affected by a tectonic shift: First, declining audience translates into lower advertising revenue; second, the abundance of advertising space on the Internet lowers ad prices dramatically; and third, subscription and sales revenues are going down as well. Aside from volunteering, alternative ways of news media financing are therefore being considered.

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