Answered

Pre-Test: How has the Internet hurt newspapers the most
financially?
Multiple Choice
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It has created a perception that print
newspapers are "old fashioned."
It has doubled the cost of printing and
distributing paper newspapers.
It costs money for newspapers to provide
an online version of each edition.
It has taken away much classified
advertising business from newspapers.



Answer :

GinnyAnswer

Final answer:

The Internet has greatly impacted newspapers financially by reducing classified advertising revenue, affecting profitability, and threatening the industry's sustainability.


Explanation:

The Internet has hurt newspapers the most financially by taking away much classified advertising business from newspapers. Classified advertising was a significant revenue stream for newspapers, and the rise of online platforms like Craigslist offering free classified ads has diverted this source of income.

Moreover, advertisers are willing to pay more for print ads than online ads, further impacting newspapers financially. The transition to online journalism poses challenges in finding a profitable revenue model due to the lower cost of online advertising compared to print.

As readers increasingly turn to free online news sources, newspapers struggle to compete, leading to declining revenue and financial instability in the industry.


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