UK Newspapers Face Survival Fight In 2013

2013 will be grim for a number of media owners, whose business models and asset base just aren’t up to coping with a rapidly changing media landscape (chiefly the flight to the internet and growing commercialisation of social media) and a becalmed UK economy. A reminder of their dire circumstances came in News Corporation’s filing that its print and publishing businesses lost $2 billion last year.

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