By: Anne Penketh, Philip Oltermann and Stephen Burgen | The Guardian
Newspapers are in freefall. Print editions are being discontinued. Editors are being replaced with alarming regularity. Financial losses are mounting. Digital strategies are yet to bear fruit. New readerships are fickle, promiscuous and hard to impress.
If that’s true of British and American newspapers, then the situation is, if anything, worse in continental Europe. Here much of the traditional media is considered to be several years behind in the digital revolution, still experimenting with paywalls, digital technologies and alternative means of storytelling. Bankruptcy stalks the sector, and staff layoffs are a weekly fact of life.