Ethiopia's "newspaper landlords" are entrepreneurs who rent the right to read a US$0.35 newspaper for 20-30 minutes at a go, for less than $0.01 per rental. Most of their customers are reading the want-ads. Newspaper publishers are ambivalent about the practice -- on the one hand, it creates a newspaper-reading habit among the nation's aspiring poor, but on the other hand, rentals displace some sales -- and the "landlords" complain that customers steal their newspapers.
Tesfaye says that 30 to 40 people will read a single paper. At the end of the day, the well-thumbed publications can be sold on.
Renting a read from 'newspaper landlords'
"After a newspaper passes its deadline we will sell it to shops who can use it as packaging for items that they sell," says Tesfaye, who says he uses the earnings from his business to support his three siblings.
LA Times reports that a 113 year-old Japanese American newspaper is in danger of going out of business. For 113 years, the Rafu Shimpo newspaper has chronicled the story of the Japanese-American community in Southern California. It survived World War II, when writers and editors were shipped off to internment camps. Before leaving, they hid […]
Digital commissioner Günther Oettinger (CDU – EPP) is joining with European Parliament president Martin Schulz (SPD – S&D) in pressing the European Commission to create a copyright interest in links, meaning that making a link to a Web-page that contains infringing material would expose you to liability for copyright infringement yourself.
The McClatchy Company, a chain of more than 30 U.S. newspapers, is expected to close its foreign bureaus by the end of the year. The media giant’s chief executive denies the rumors, but it kind of sounds like the closures are likely anyway.
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