Top 5 Reasons Why Print Media is a Dying Industry

1. An outdated business model

One of the biggest reasons why companies or even entire industries die out is because their business model no longer matches the requirements and is unlikely to sustain itself in the long run. As technology has evolved, easy to carry Internet-connected gadgets have become the norm. People no longer need to purchase a newspaper or magazine, they can simply get the info they need directly from their phone, tablet, or laptop. This development has caused print media to become obsolete to some extent and there aren’t any signs that the situation will improve. In an environment focusing on efficiency and performance, print media’s business model simply doesn’t match the requirements anymore, and this is one of the top 5 reasons why print media is a dying industry, unfortunately.

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