Outsell Inc has yet to release its new industry forecast data, but according to the word on the street, the report reflects news that is going to shock some people: with the exception of Google, growth in the information industry has slowed to about 3%, just hovering at the inflation rate. Outsell's forthcoming market data is rumored to reflect a negative growth rate for news media over the past 12 months. Going forward, there certainly has to be a purpose for, a value for, and a reason to continue conventional media, even if in publishing enterprises some of these lines of business are inevitably reduced to cash cows rather than the golden-egg-laying geese of the past.
Reproduced with permission of the copyright owner. Further reproduction or distribution is prohibited without permission.