How Internet Affects The Newspaper Business

1543 WordsMay 15, 20157 Pages
Modern technology has made a significant impact on many types of businesses. The ease of access to information through the internet utilizing devices such as smartphones, tablets, and computers has led many business to change or reinvent its marketing and sales structure in reaching out to potential customers. While this benefited many businesses, the digital age put lots of pressure on newspaper companies. Many people enjoys the benefit of receiving their newspapers digital which caused a significant reduction in the paper delivery of newspapers. In the article “How Internet Affects the Newspaper Business” by C. Taylor, the author mentions between 2001 and 2009, daily newspapers reduced overall newsroom staff by 25 percent. With labor costs constituting 50 percent of newspaper expenses, staffing was the first to go. The Newspaper dailies such as The Rocky Mountain News closed due to the decrease in buyers and the cost of operations. The Seattle Post reduced to full internet operations. The Detroit Free Press and the Detroit News cut their delivers to three days a week while readers transitioned to visiting the newspapers internet sites. At the American Enterprise Institute, Bill gates mention that within 20 years, a lot of jobs will go away, replaced by software automation. Technology will reduce demand for jobs, particularly at the lower end of skill set. He mentions that twenty years from now, labor demand for lots of skill sets will be substantially lower and he don’t
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