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CAPE TOWN, South Africa (AP) - Television network news will lose significantly online in the next five years, while newspapers will see moderate to significant losses, according to a study presented at the World Association of Newspapers and the World Editors Forum. But there was optimism at the three-day conference of more than 1,600 editors and executives that ended Wednesday, as long as the industry manages to combine print and online operations to inject new dynamism and attract readers.
Gavin O'Reilly, president of the newspaper association, said the demise of newspapers in the digital era had been greatly exaggerated. He said that circulations were rising, there was a record number of paid-for titles in existence, and capital investment exceeded more than $6 billion last year.
That optimism was shared by Martha Stone, director of the association's Shaping the Future of the Newspaper project.
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