Nieman Foundation at Harvard
HOME
          
LATEST STORY
News aggregator Upday, a sort of Apple News counterpart for Android, expands into 16 countries
ABOUT                    SUBSCRIBE
May 6, 2013, 12:27 p.m.
LINK: www.poynter.org  ➚   |   Posted by: Joshua Benton   |   May 6, 2013

Apologies for the Australian football reference, but Rick Edmonds catches Fairfax CEO Greg Hywood saying print may have a shorter lifespan in Australia than some may think.

Talk about digital disruption. The CEO of Australia’s giant Fairfax Media said last week that he is preparing the company to abandon printed newspapers entirely “in three, five or 10 years.”

“Print revenues have been going down and are going down faster now,” Greg Hywood recently told the annual World Congress of the International News Media Association in New York. To the extent print newspapers have a future, he said, they will be “expensive, bespoke and narrowly distributed.”

Pressed on when Fairfax papers in Sydney and Melbourne might reduce frequency to a few days a week, Hywood declined to offer more specifics. He did add, however, that just dropping a day or two might have a minor impact on fixed costs, and “you can lose revenue without comparable savings.”

Show tags Show comments / Leave a comment
 
Join the 35,000 who get the freshest future-of-journalism news in our daily email.
News aggregator Upday, a sort of Apple News counterpart for Android, expands into 16 countries
The Axel Springer-owned app gets an automatic leg up across Europe from being pre-installed on new Samsung phones, but can it now keep enough of those users interested in order to sustain itself on advertising alone?
It turns out people are very bad at estimating the magnitude of the fake news problem
There are a lot of reasons, though, that Facebook and Google are compelled to act.
These national journalists are building a local site to bring a different kind of news to East Texas
The Tyler Loop fashions itself as a data-savvy, digital alt-weekly for the growing, increasingly diverse city of Tyler.