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October 27, 2005

Online news data points

Newspapers aren't a must-read, says the Chicago Tribune.

And Bill Gates:

Fortunately, the expertise of the press does not reside in their capacity to cut trees but to produce great articles that contribute to their solid reputation.  The quality of their Internet site is now crucial for press companies.  Formerly, the barrier to enter into journalism was very high for physical reasons: printing, distribution, etc.  This is no longer the case and publishing companies are competing more and more with online media.  In five years, we can estimate that 40 to 50% of people will read their news online. To conserve their readership, newspapers must develop their electronic approach.

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