DENVER (AP) — News executives opening an annual conference in Denver said that mobile news delivery offers newspapers and other media companies a tantalizing opportunity to make money.
The President and CEO of The Associated Press, Tom Curley, called mobile devices "a great opportunity for the do-over" for news providers that have seen dropping circulation and advertising revenue because they were slow to adapt to the Internet.
The remarks came at the gathering of the Associated Press Media Editors. The APME board voted earlier Wednesday to change the association's name from the Associated Press Managing Editors. APME President Hollis Towns said the new name better reflects the modern news business and the association's membership.