"Anybody who tells you they know what the news business will look like in 5 years is either lying or delusional", says Dan Gross, the ex-Senior News Editor at Newsweek. Once one the world's largest print publications, Newsweek dropped the print side of its business and went online at the end of 2012. But what was supposed to be a decisive step into the 21st Century turned into a cautionary tale. As Newsweek went under, the popular wisdom that online is the future wasn't realised. As publisher Christian von Thillo points out, the reality is that print is not dead yet. "It's not that people don't buy newspapers anymore, It's just some people's business models don't work anymore." Now the bane of modern newspapers has become aggregator sites like The Huffington Post, which make money from other people's content. "It's theft, pure theft", says Vandermeersch angrily. And once everything has been made free it is very hard to turn back the tide. "We're like a butcher who has given free meat ... Written by
In the age of readily accessible information, news available around the clock on the internet and TV combined with Wall Street's demand for growing profits threatens this important American institution.The film explores what is at stake for print journalism in a free society.
15 January 2008 (USA)
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