Quote:
Originally Posted by Neil
Should the BBC News web site was shut down as it destroys competition for news companies?
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That is highly unlikely to happen, being funded as it is, and subsidised by the licence fee. It doesn't have to compete in the market place, in the same way as wholly commercial companies.
We live in a free market economy, and the newagencies who want to protect their companies, may try and charge viewers who wish to read their news.
However, as stated earlier, I think the vast majority of people, who so far have not had to pay to do this, will use other sources, who will carry the news for free.
It's not my opinion, it's a fact. Most newspapers, and many other printed periodicals, are suffering greatly reduced circulation figures. This has resulted in loss of revenue from advertisers, which makes up a great percentage of the income for the printed media industry, just as it does for commercial television, who are experiencing similarly heavy losses of revenue for advertising sales. Companies are diverting their budgets to other avenues, including online ones, which have ever increasing traffic.
Personally I love reading newspapers.
Sunday morning without them spread all over the floor, would not be the same without them.
I think they will continue for quite some time, but not in the numbers we once knew.
We live in rapidly changing times. Some of it good, some not so good.
There's really no way to halt progress, as the Luddites eventually found out to their cost.