In any other industry, a product that lost 1 percent of market share for two decades — only to then double or triple that rate of decline — would be declared dead. The manufacturer would discontinue it and rush out a replacement product more in line with the desires of the marketplace. So, let’s finally come out and say: Newspapers are dead. They will never come back. By the end of this decade, the newspaper industry will suffer the same death rate — 90-plus percent — that every other industry experiences when run over by a technology revolution.
The transition will surely be interesting….
