2012beof-111206092256-phpapp02

Consumers have embraced the explosion of information

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Unformatted text preview: information on social media, demanding instant access to news on rapidly changing communication platforms, such as smart phones and tablet computers. Traditional media outlets, including newspapers, televisions, and radio, have begun to converge, sharing resources and information both in print and online. In addition, newspapers and periodicals are creating full or partial paywalls for access to information online or on mobile devices. Other newspapers have converted to a nonprofit business model, relying on philanthropic donations. Employment at traditional Colorado newspapers has been declining since 2005. The state’s newspapers employed 4,308 people in 2010 in 166 establishments, down from 7,080 people in 2005. Newspaper employment is expected to continue to 2012 Colorado Business Economic Outlook lose ground in 2011 and again in 2012, although at a slower rate. Book Publishers The U.S. book publishing industry has traditionally been dominated by a handful of large firms, most of which are headquartered on the East Coast. The Internet is causing the industry to u...
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