Old newspaper era is over, Obama says via Kindle
WASHINGTON (AFP) - President Barack Obama acknowledged the problems facing the US newspaper industry on Wednesday, ironically in an interview that was distributed via online retail giant Amazon's Kindle e-reader.
With the Internet dominant and print sales in decline, Mr Obama said traditional media was grappling with a new reality and, much like the manufacturing and retail sectors, the old way of doing business was gone forever.
"People trying to get into the middle class are having a tougher and tougher time," Mr Obama said. "You see that in every profession. You see that in journalism. It used to be there were local newspapers everywhere.
"If you wanted to be a journalist, you could really make a good living working for your hometown paper.