Digital media growing fast
Posted by Laird Farquharson on 6/03/08 • Categorized as Business
- the digital platforms of newspapers are growing at a double-digit rate worldwide, as the world increasingly goes on line.
- digital and mobile advertising revenues are expected to increase 12-fold from 2002 to 2011, to about $150 billion worldwide.
- the number of wireless device subscriptions is expected to increase threefold to 3.4 billion from 2002 to 2011
- number of homes with broadband is likely to rise 10-fold
- the Internet will become the primary news and information source within five years, while newspapers will lose the dominating position they have held for more than a century.” Newspapers cannot count on their print editions alone to keep them solvent
- Report Source
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Tagged as: News, Newspaper