Going digital hurting newspapers: Industry spokesman
MONTREAL (AFP) - Going digital is what's hurting Canadian newspapers, not a lack of revenues or readers, which are both up, a publishing industry spokesman said on Tuesday.
"Newspapers don't have an audience problem," Mr John Hinds, president and chief executive of industry association Newspapers Canada, told the Vancouver Sun.
"There's a big fallacy out there. We have a revenue problem as we transition to cross-platform materials - how do we pay for those? Our audiences are bigger than ever and actually growing."
The comments come after Glacier Media this week announced the closure of the Kamloops Daily News after 80 years, citing insufficient cost-cutting.