Impact of television and Internet
Main article: Future of newspapers
By the late 1990s the availability of news via 24-hour television channels and then the Internet posed an ongoing challenge to the business model of most newspapers in developed countries. Paid circulation has declined, while advertising revenue — which makes up the bulk of most newspapers’ income — has been shifting from print to the new media, resulting in a general decline in profits. Many newspapers around the world launched online editions in an attempt to follow or stay ahead of their audience.However, in the rest of the world, cheaper printing and distribution, increased literacy, the growing middle class and other factors have more than compensated for the emergence of electronic media and newspapers continue to grow.[20]
On April 10, 1995,The American Reporter[21] became the first daily newspaper, with its own paid reporters around the world and all-original content, to start on the Internet. The Editor-in-Chief and founder is Joe Shea. The site is owned by 400 journalists.[22]
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