Steve Ballmer, speaking at the Cannes Lions Advertising Festival, said he doesn’t see a recovery for the news industry after the recession:
“I don’t think we are in a recession, I think we have reset,” he said.
“A recession implies recovery [to pre-recession levels] and for
planning purposes I don’t think we will. We have reset and won’t
rebound and re-grow.”
So how will we get our news?
“All content consumed will be digital, we can [only] debate if that may be in one, two, five or 10 years,” added Ballmer.
“There won’t be [only traditional] newspapers,
magazines and TV programmes. There won’t be [only] personal, social
communications offline and separate. In 10 years it will all be online.
Static content won’t cut it in the future,” he added.
Discover more from diacritical
Subscribe to get the latest posts sent to your email.

Leave a Reply