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Neue Zürcher Zeitung - Switzerland | Thursday, November 15, 2012

Without money the media paradise is lost

The left-liberal long-established German newspaper Frankfurter Rundschau filed for bankruptcy on Tuesday. The liberal-conservative Neue Zürcher Zeitung worries about how quality journalism and pluralism of opinion are to be financed in the future: "Never in the history of mankind have such vast quantities of information been so quickly, cheaply and easily available. Given this abundance it's easy to forget that the information paradise can't be taken for granted. It can only prosper and thrive as long as it can be financed. The digital enthusiasts should not carelessly ignore the fate of key providers of information. After all, so far no one has found a viable answer to the question of what measures can guarantee or rather finance the production of information of acceptable quality in the future. Moreover, in small markets like Switzerland the preservation of a pluralistic media is also at risk. And with it, the continued functioning of a well-informed democracy."

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