Advertisement

Eight US papers to publish on Net

Reading Time:3 minutes
Why you can trust SCMP
0

KNIGHT-RIDDER and eight other daily newspaper publishers in the United States have formed the New Century Network to distribute news stories, financial reports and job adverts on the Internet.

Tony Ridder, president and chief executive of Knight-Ridder, said in Hong Kong last week that New Century had 'a very strong future when the mass dissemination of news via computer becomes a reality'.

The network expected to have about 10 papers on-line within a year and 75 papers on the system after three years.

Mr Ridder said newspapers, financial services and on-line services would inevitably grow closer although they would have to maintain their distinctive qualities to appeal to different types of consumers and businesses.

The printing of newspapers with an analytical and reflective character 'would remain a good business in its own right for a very long time', Mr Ridder said.

Knight-Ridder publishes 28 daily newspapers in the US and owns the global, real-time-data and research service, Knight-Ridder Financial.

Advertisement
Select Voice
Choose your listening speed
Get through articles 2-3x faster
1.1x
220 WPM
Slow
Normal
Fast
1.1x