Saturday, February 23, 2013

The Summary of "A little local difficulty"

The article named "A little local difficulty" adapted from the print edition of The Economist on Jul 7th 2011. The main idea is American newspapers have encountered difficulties, opposite, their development are very rapid in rising markets. Because of the technological development, internet and cable television appeared and got more and more advertising revenue, especially, "Craigslist" a very popular free website. So, American newspapers can not get enough income from advertisements. But, in Japan, because of the subscription, newspapers sell well, and the only problem is young Japanese don't like newspapers. In Russia, because of the government control, newspapers' sales also grow, and the youth like internet, opposite, the old people like TV. Indian newspapers' sales has already became the top one in the whole world in 2008 and it is still growing very fast. But the newspapers have already turned into unfashionable in the minds of the young.    

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