Competition and Cannibalism
Figures indicate that many readers of free newspapers are indeed "new" readers or read both paid and free papers. Research by Belgian, UK, and US free dailies indicate that half of their readers only read free dailies. There seems to be a negative effect on single copy sales, but the overall effect does not indicate a great deal of impact on paid dailies. Indeed, several publishers of established paid products (notably the Tribune Company in New York and Chicago, the Washington Post Company in Washington, D.C., and News Corporation in London) have launched free newspapers in their markets — despite the obvious risk of "cannibalization" (stealing readers from their own paid products) — to reach new readers.
Read more about this topic: Free Daily Newspaper
Famous quotes containing the words competition and/or cannibalism:
“Knowledge in the form of an informational commodity indispensable to productive power is already, and will continue to be, a major—perhaps the major—stake in the worldwide competition for power. It is conceivable that the nation-states will one day fight for control of information, just as they battled in the past for control over territory, and afterwards for control over access to and exploitation of raw materials and cheap labor.”
—Jean François Lyotard (b. 1924)
“There is a cannibalism that’s loose in our society in which public figures such as the Clintons could try to come into this town and do something good for this country and then they get hammered away even though they’re trying to do the right thing.”
—David R. Gergen (b. 1942)