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A woman waits for customers at her newsstand in Bangkok.   © Reuters
The Big Story

Money troubles compound Southeast Asia's press woes

Traditional business models are under pressure as the internet devours ad revenue

DOMINIC FAULDER, Associate Editor, Nikkei Asian Review | China

BANGKOK -- "Melt down the presses and auction off the metal," said Todd Ruiz during a recent media panel in Bangkok. "Thailand's fourth estate crisis is a self-inflicted wound."

The blunt-speaking Californian editor of Khaosod English, a small but growing online news service spun off from a daily in the respected Matichon Publishing Group, believes the traditional press has calcified and lost its way, but "can remain viable in the formats of the future by rediscovering the purpose of its past."

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