(3) What are the ramifications of the economic changes?

What are ramifications for the newspaper industry of the changing  economics?

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The Future of Newspapers
Do newspapers have a future in the digital age?
Core business model is collapsing irrevesibly
Old economics don't work in the digital era
(3) What are the ramifications of the economic changes?
Demand falls, staff cut, quality falls, demand falls
Newsaper profit margins diminished or disappeared
Online-only model will only support around 20% of staff
(1) What are the old economics of the newspaper industry?
(2) How are the industry economics changing?
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