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Because Quote by Sumner Redstone

“The reason we have not gone to newspapers is because its a slow growth industry and I think they are dying. I'm not sure there will be newspapers in 10 years. I read newspapers every day. I even read Murdoch's Wall Street Journal.” quote by Sumner Redstone
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“The reason we have not gone to newspapers is because its a slow growth industry and I think they are dying. I'm not sure there will be newspapers in 10 years. I read newspapers every day. I even read Murdoch's Wall Street Journal.”

Sumner Redstone

About This Quote

The speaker predicts the decline of print newspapers, citing slow growth and potential extinction within a decade, despite personal daily readership.

In simple terms: Print media is shrinking rapidly.

Key Takeaway

Newspapers may become obsolete soon.

Themes

media decline digital disruption industry stagnation consumer habits future forecasting

Mood

skeptical reflective cautious

Type

prediction observation

When to use this quote

  • media investment decisions
  • career planning in journalism
  • academic research on media trends
  • strategic planning for news organizations
  • personal media consumption choices

Key Concepts

print journalism business models technology adoption media consumption

Practical Applications

  • forecasting media industry trajectories
  • informing strategic pivots for news companies

Questions to Reflect On

  • How might news organizations adapt to digital dominance?
  • What factors could sustain niche print markets?
A Different Perspective

While print circulation falls, digital news platforms are thriving, suggesting the medium evolves rather than disappears.

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