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06/25/2009 05:12 am ET Updated May 25, 2011

Financial Times Editorial: Newspapers Must Convince Readers Product Worth Paying For

Perhaps some of the reporting done up to now by for-profit papers will in future be funded by foundations or trusts. But the industry should not lose faith in the free market. When people really want or need something, they will pay for it, one way or another. If today's publishers cannot convince their readers to do so, they will be overtaken by others that can.

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