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Old economics don't work in the digital era

The traditional business model of the newspaper industry is being undermined by rapid and deep changes in the economics of publishing in the digital era.

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Core business model is collapsing irrevesibly
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Old economics don't work in the digital era
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(1) What are the old economics of the newspaper industry?
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(2) How are the industry economics changing?
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(3) What are the ramifications of the economic changes?
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Global economic crisis distorts the analysis
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