by Mike Masnick
Mon, May 3rd 2010 5:44pm
Sumner Redstone, who controls both Viacom and CBS, apparently thinks that all newspapers will be gone in two years. We'll be sure to check back on this prediction at the end of April in 2012. That said, he's most likely correct in his criticism of Rupert Murdoch that he made a big mistake investing in print newspapers, but the claim that there "won't be any newspapers in two years," seems unlikely. Of course, it's also worth noting that Redstone predicted that he will live forever, so perhaps we can chalk all this up to octogenarian hyperbole. But, if I were a betting man and were to bet on who'd live longer: print newspapers or Sumner Redstone... I think I'd side with the newspapers.
If you liked this post, you may also be interested in...
- Not The Onion: Morocco Bans Sharing Newspapers To Protect Publisher Business Models
- Newspaper Association Thinks FTC Should Force Readers To Be Subject To Godawful Ads And Invasive Trackers
- The Toronto Star Loves Commentary So Much, It Will No Longer Let You Comment
- German Regulator Rejects German Newspapers' Cynical Attempt To Demand Cash From Google
- German Newspapers Want Google To Pay Them For Appearing In Search Results (Even As They Try To Rank Higher)