It's transition of media delivery, nothing more...
Let me put it like this:
Over a century and a half a ago the only was to get ice was to send out a ship to the icebergs to cut one up and bring back the ice. A century ago this practice was replaced with ice factories, people would get a deliver of ice and they were happy with that.
Less than a century ago the factories disappeared and were replace with a small thing called the refrigerator.
My point being people needing ice (or news) has not changed but the delivery method has, it's a seismic paradigm shift because the "old" print agencies see their business disappearing not evolving.
Granted there's been a "shift" in revenues the business is changing due to better technology, innovation and how people want their news delivered to them. I don't buy papers but I want my news on my computer and mobile.
Let me put it like this:
Over a century and a half a ago the only was to get ice was to send out a ship to the icebergs to cut one up and bring back the ice. A century ago this practice was replaced with ice factories, people would get a deliver of ice and they were happy with that.
Less than a century ago the factories disappeared and were replace with a small thing called the refrigerator.
My point being people needing ice (or news) has not changed but the delivery method has, it's a seismic paradigm shift because the "old" print agencies see their business disappearing not evolving.
Granted there's been a "shift" in revenues the business is changing due to better technology, innovation and how people want their news delivered to them. I don't buy papers but I want my news on my computer and mobile.