Submission + - Showdown Coming: Mass Media vs. the New Media
JonH_cargye writes: "The big showdown between traditional mass media and the new media aggregators is coming. But not in the year 2011 as predicted in the flash-film cult classis "EPIC 2014" — it's happening in the next few weeks. In China, of all places. A copyright infringement lawsuit filed by one of China's largest newspapers is expected to be taken up soon by a court in Shanghai. The Beijing News is suing popular Internet site Tom.com seeking the modest sum of $400,000 in damages. But the suit has far-reaching significance. Just as they have in the U.S. and Europe, digital news media in China are putting the hurt on mass media, especially daily newspapers. Declining newspaper circulation leads to reduced advertising revenue, which leads inevitably to consolidation and downsizing — unless the newspapers fight back.
For more, see:
http://jon8332.typepad.com/force_for_good/2007/01/ epic_showdown_l.html"