Opinion: Media is suffering from a "systemic collapse"
Posted by Lauren Drablier on October 15, 2008 at 3:36 PM
Guardian News & Media executive Emily Bell has warned that as many as five newspapers in the UK could fold within the next two years.
Bell warned that the media industry "could face complete market failure in some areas of regional papers and some areas of commercial radio." In her opinion, the media is a "systematic collapse not just a cyclical downturn."
Bell warned that the current newspaper closures in the United States could indicate what is to come in Britain.
Bell warned that the media industry "could face complete market failure in some areas of regional papers and some areas of commercial radio." In her opinion, the media is a "systematic collapse not just a cyclical downturn."
Bell warned that the current newspaper closures in the United States could indicate what is to come in Britain.
Bell went on to state, "We are on the brink of two years of carnage for western media. In the
UK, five nationals could go out of business and we could be left with
no UK-owned broadcaster outside of the BBC."
She also predicts the rise of a more "superstar culture" in which individuals become the driving force behind certain media brands.
Sources: The Guardian
She also predicts the rise of a more "superstar culture" in which individuals become the driving force behind certain media brands.
Sources: The Guardian
Posted in :
Related Entries
0 TrackBacks
Listed below are links to blogs that reference this entry: Opinion: Media is suffering from a "systemic collapse".
TrackBack URL for this entry: http://www.editorsweblog.org/mt/mt-tb.cgi/7791
Leave a comment