Nieman Foundation at Harvard
HOME
          
LATEST STORY
How do exclusive podcasts fit into the forever war between Apple and Spotify?
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 50,000 who get the freshest future-of-journalism news in our daily email.
How do exclusive podcasts fit into the forever war between Apple and Spotify?
Plus: Anger at Amazon, a Q&A with Rose Eveleth, and we may have reached Peak “Peak Podcast.”
By running unwitting PR for Jeffrey Epstein, Forbes shows the risks of a news outlet thinking like a tech platform
If journalists want to criticize the anything-goes ethos of Facebook, it’s only fair to note when news organizations’ hunger for scale leads them down the same problematic path.
Can’t read just one: Slate’s daily advice columns are strange, funny, deep, and increasingly a major traffic driver for the site
“We probably won’t do twincest again.”