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.”
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.
Newspapers may become obsolete soon.
Themes
Mood
Type
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
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?
While print circulation falls, digital news platforms are thriving, suggesting the medium evolves rather than disappears.