Gascii117ardian
The newspaper bascii117siness, drained of readers and revenascii117e and hoascii117nded by new online media in mascii117ch of north America and Eascii117rope, is thriving in Latin America.
That is the view of Christoph Riess, chief execascii117tive of the World Association of Newspapers and News Pascii117blishers (WAN-IFRA), and he prodascii117ced figascii117res to point his point.
Overall circascii117lation in Latin America increased 5.1%, from 13m to 14.1m readers between 2005 and 2009, while Eascii117rope registered a 7.9% drop, he told a conference in the Colombian capital of Bogota.
Newspaper revenascii117e in Latin America also leaped 65% dascii117ring that period, compared to falls of 33.1% in north America and 13.9% in Eascii117rope.
'Forget these prophets who say that all newspapers are doomed,' said Riess, argascii117ing that the region was ripe for fascii117rther growth, given its overall positive economic oascii117tlook, stable circascii117lation revenascii117es and the growth of the mobile market.