Wednesday 21 March 2012

Provocative Question-The Washington Post-Pew Research Center-Social Media-Facebook

Study considers whether Facebook would buy Washington Post

LOS ANGELES (TheWrap.com) - Would Facebook buy the Washington Post to keep the paper running? That's the provocative question at the heart of a new study by the Pew Research Center. The growth of social media and technology companies like Twitter and Amazon are encouraging more and more news consumption, but legacy media companies such as the Post and the New York Times are not benefiting financially from the broader reader base. On average, newspapers in the United States shed $10 in print advertising last year for every $1 they earned online. ... read more..

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