"Nickname unavailable" wrote in message
...

PARIS -- As the death toll in the American newspaper industry mounted
this month, the German publisher Axel Springer, which owns Bild, the
biggest newspaper in Europe, reported the highest profit in its 62-
year history.

Death toll? How many US papers have closed this year, to date? One in
Tucson, one in Denver, one in Seattle... and a couple more. In 1967, we lost
about 30 daily metro papers... all were either evening papers, which
succumbed to the Huntley Brinkley Report and to TV evening news in general,
or were the second paper in the morning in a metro. Guess what, the ones
that I named were all second papers, and there is not enough money for them.

So the article starts with an inaccurate statement, as if hundreds of papers
had closed when it is barely a handful.

And Axel Springer is expanding in things like controlling a major share of
online classifieds in his markets, as well as profitable specialty
magazines, radio, TV, the German equivalent of Amazon.com, etc., etc, etc.
All the revenue growth is in electronic media and new media.