VC To Publishing Execs: Print Is Dead
Hours before the impending death of Newsweek's print version was announced, venture capitalist Ben Horowitz was admonishing the audience of publishing execs at the American Magazine
Conference to “face the reality that print will eventually go away." Other choice quotes from Horowitz, reported by TJ Raphael: “Babies born now will never read anything in
print. At the same time, people in their 40s and 50s will never stop reading print.”
Another speaker at the conference, Professor Jeffrey Cole, provided a similar "tough love" message, as Raphael put it. Cole "estimates that some magazines—likely fashion titles—will always remain in print, as will those with strong design principles. However, he added, the majority of others will see their printed roots begin to completely break down by the end of the decade."