That’s what a new study from L.E.K. Consulting concluded in a report released this week. The consulting firm’s second annual “Hidden Opportunities in New Media Survey” was released on Wednesday.
There’s a bright future for network television and cable networks, consumers increased their use of “all-you-can-eat” subscription-based media (in lieu of transaction-based media), and DVRs are less of a threat than previously thought.
But newspapers are toast.
For more, check out the article here.