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Fri 01 Jan 2009Newspapers facing stiff challenge, says Horgan
THE CHALLENGES facing the newspaper industry are unique in their suddenness and their severity, Press Ombudsman Prof John Horgan has said. He added that the the most acute issue facing the print industry is its survival.
Newspapers have to contend with the global slowdown, which is leading to falling advertising revenue and circulation, and the presence of the internet, he warned. Though the number of visitors to newspaper websites is increasing year on year, newspaper managements are struggling to find a way of converting those online visits into cash.
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