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“Yes,It's a sunset industry!"

出自香港新聞網 - 樹仁新傳系學生實習習作

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(Your lead didn't contain anything that we call news. Rather, its just your obervation. And, I don't see how information technology and free hand-out newspapers are related. The cost of printing newspaper is never the main reason that causes its imminent demise. Tim Chan didn't say so either. When you said "fall in quantity demanded" , you actually mean a fall or a drop in circulation. When you mentioned that people still need news even if they don't read newspaper, you should point out that Tim Chan has cited several examples in explaining this phenomena, like people still listen to music but they don't buy CDs anymore. Examples like this could make your explanation a little easier. You should learn how to write a news lead in your next article. Go straight to the point and be concise.)

“Yes,It's a sunset industry!” Tim Chan evaluated there would be no future for HK printed-newspapers

Au Hiu Ki, Cherry--105103 2012年9月26日 (三) 01:00 (UTC)

In recent years, information technology had achieved huge success with the publishing of free newspaper, which launched Hong Kong printed-newspaper a disastrous challenge.

Tim Chan, The Executive Chief Editor of Hong Kong Economic Journal (HKEJ) participated in an event held by Shue Yan University Journalism Department yesterday. He said the cost of publishing printed-newspapers was growing continuously, it was estimated that would become a sunset industry in Hong Kong and be replaced by the news websites.

HKEJ recorded a mild fall of demand after raising its price

Chan said, Hong Kong Economic Journal had raised its price from $6 to $8 in the past September, while the subscribe price of internet version remained $598 per year. He said, it was unavoidably to record a fall in quantity demanded, the decrease was within their calculation. He added, Economic Journal had developed their web pages for years, most of their readers had already subscribed to the internet version.

The darkness of newspapers, not a dark age of news

Beside, Chan said that although the future of printed-newspapers has been plunged into darkness, it did not mean the dark age of news. He told objectively that technology would finally replace newspapers, ‘less newspaper, more news will be need’. The demand of latest information Hong Kong citizens will undoubtedly increase sharply, rather than the probability of decrease. He laughed ‘Netizens are just like getting addict to the news,’ they checked the news whenever they wanted by their smart phones and tablets. He foresaw since one day readers needed news, one day journalists were needed.

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