New market equilibrium will be reached eventually
It's natural for an industry that is encountering periods of rapid change to experience significant market turbulence; however, industries typically respond to such periods via combintation of market concentration and innovaton until a new equilibrium emerges–e.g. TV didn't wipe out radio.
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The Future of Newspapers »The Future of Newspapers
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Do newspapers have a future in the digital age? »Do newspapers have a future in the digital age?
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Core business model is adapting and remains strong »Core business model is adapting and remains strong
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New market equilibrium will be reached eventually
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