Sun, Apr 08, 2007 - Page 11 News List

EU newspaper editors predict brighter future

PERSPECTIVEAlthough newspaper revenues have been declining, top editors predict that the Internet may allow them to return to deeper, more sophisticated journalism

AP , BERLIN

Going online also helps newspapers reach a global audience, a factor that is particularly important for British papers that can count on a massive worldwide English-speaking readership.

Industry-wide in Europe -- as elsewhere -- it's not yet clear whether Internet growth will be able to soon offset declining print revenues.

But there are positive signs: Le Monde's Patino said that after recent loss-making years, the paper was expected to break even or make a profit this year entirely thanks to online services making up for print losses.

Peter Wuertenberger, managing director for Axel Springer's Welt/Berliner Morgenpost newspaper publishing group, said Internet revenues are growing 20-50 percent year-on-year, depending on the Web site.

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