Wednesday, November 4, 2009

‘Internet, Good for Newspaper Business’

Chairman/CEO, ImpreMedia LLC, the number one Hispanic news and information company in the United States, John Paton, has said digital news distribution is the single best thing that has happened to news business in the last quarter of a century."Its certainly been good for the company.

Even in this disastrous economy, we are now projecting for every one of our divisions a higher profit for 2009 over last year. Some will have their highest profits ever.

We fully expect 25 per cent of our profits to be non-print by 2011 and half by the following year," Paton said.

Paton will explain how impreMedia is achieving such impressive results at the World Newspaper Congress, the global summit meeting of the world's press, to be held in Hyderabad, India, from December 1 to 3."I hope what we are doing here at impreMedia is instructive for others. I truly believe we have crafted a process that grows our brands, embraces platform change, protects and enhances journalism and services our communities.

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