in the rich world newspapers are now an endangered species. The business of selling words to readers and selling readers to advertisers, which has sustained their role in society, is falling apart

Of all the “old” media, newspapers have the most to lose from the internet.

But in the past few years the web has hastened the decline.

Philip Meyer calculates that the first quarter of 2043 will be the moment when newsprint dies in America as the last exhausted reader tosses aside the last crumpled edition.

ever more young people are getting their news online

Advertising is following readers out of the door.

Newspapers have not yet started to shut down in large numbers, but it is only a matter of time. Over the next few decades half the rich world's general papers may fold.

Jobs are already disappearing.

Having ignored reality for years, newspapers are at last doing something.

In order to cut costs, they are already spending less on journalism.