An excellent industry newsletter, Exchange, has just passed its twentieth anniversary and has added a "twenty years ago" column to its previous "Ten Years Ago" one. Today it says;
From Exchange 12 May 1989
• Downfall of newspapers foreshadowed
The Australian Financial Review on May 8, 1989, carried
a story headlined ‘The humble telephone may threaten
newspaper revenue.’ It said that “last month, a gathering
of American newspaper publishers was dominated
by discussions about how to respond to moves by the
telephone companies to break into information services
and classified advertising that are the bread and butter
of most newspapers.”
That's just about the hottest story right now - but it is the Internet not telephones!
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