Tuesday, April 21, 2009

Michael Wolff predicts 80% of newspapers will die in 18 months

Michael Wolff, media columnist and the head of Newser, was quite resolute at a panel discussion sponsored by Gotham Media Ventures. He said,"About 18 months from now, 80 percent of newspapers will be gone."

Although admitted he may be exaggerating, David Kaplan said Wolff was serious in saying that "the NYT will not be owned by the same company 18 months from now. I stand by that."

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