Murdoch and the future of newspapers

"Newspapers are in a sad way in America. Readership continues to fall. Advertisers are deserting them for newer forms of media. Revenues are plummeting, as the costs of printing and distribution mount catastrophically. ... In the eyes of many media experts, print journalism, that stubborn 15th-century technology, appears at long last to be on its deathbed.

"Except that Murdoch is investing in it."

Read the Full article in the Atlantic Monthly.