Many Consumers Willing To Pay For Online News

Even with a global recession, newspapers have a long-term future, according to a new report by PricewaterhouseCoopers and the World Association of Newspapers. Despite the potential for growth online, print remains the largest source of revenue for newspaper companies and will continue to be so for some time. Consumers are willing to pay for online content, with two-thirds indicating they would pay for general news content online. General consumer spending on the Internet will increase in the next few years, and this will change the mindset of consumers who are now expecting to get everything for free.