Murdoch: Take Your Google Ball and Go Home

Courtesy Mashable!  Tue, 11/24/2009 - 18:25

Newspapers and traditional media have seen their world and their business models crumble before their very eyes.

Newspaper revenues have plummeted by nearly 30% in the last year alone, while newspaper circulation numbers are in the toilet .

The web is destroying outdated business models and replacing them with more efficient ones.

These newspaper and media companies aren’t just letting themselves get destroyed, though.

Some have gone web-only , some are embracing social media...


 

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