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Digital media growing fast

  • 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
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