US newspaper, TV news executives gloomy about future

Nearly half of US newspaper and broadcast TV news executives believe their organizations will fold within 10 years unless they find new revenue streams, according to a survey released on Monday.

Forty-six percent of the executives surveyed by the Pew Research Center's Project for Excellence in Journalism said they could remain solvent for more than 10 years.

Seventeen percent said they could go out of business within a decade without "significant new funds, revenue streams or partnerships" while 24 percent put their life-span at three to five years.

For the complete report US newspaper, TV news executives gloomy about future