O’Reilly Keeps Faith with Print Media
Posted by
Julie Tomlin
on 9 June 2006 at 11:03
Tags: Journalism
Chief executive of Independent News & Media, Sir Anthony O’Reilly has reaffirmed his commitment to the future of the printed media by describing newspapers as “the ultimate browser”
Speaking at the company’s annual meeting in Dublin, O’Reilly said the multiplication of media devices which concentrate on the individual’s needs at any given point had made it much more difficult to aggregate large audiences.
Speaking at the company’s annual meeting in Dublin, he said that TV, newspapers and magazines, and to a degree radio, remained the best and the only way for mass audiences for goods and services to be created.
Arguing that “we are in another period of wild stock-market overstatement for a certain class of media assets” O’Reilly nonetheless claimed that “the internet could yield an extraordinary opportunity to the newspaper industry on the production side in putting together its products at a much lower cost”.
Tags: Journalism
