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The crisis in written information is characterized by a paradox: people in Italy have never read so many newspaper articles, but newspapers have never made so little. The switch to digital has increased audiences but decreased income, as advertising migrates en masse to huge technology platforms. The end result is a season of immense change: historic magazines change hands, editorial staffs downsize, newsstands close, but someone—with the proper strategy—still manages to bet on the future. La Stampa, the historic Turin daily, is changing ownership, becoming the leader of a publishing group that combines and synergizes various local newspapers, following the model established by pioneers such as Carlo Caracciolo and Mario Lenzi. The newspapers of the Riffeser group — Il Giorno, La Nazione and Il Resto del Carlino — have also changed hands, with the arrival of a new publisher full of enthusiasm and resources: Leonardo Del Vecchio. La Repubblica, once the “party newspaper” of progressive Italy, is about to be sold to a Greek entrepreneur. Corriere della Sera commemorates its 150th anniversary by unifying an information system that includes 16 local supplements to the national edition, as well as websites, apps, podcasts, social media, and newsletters, resulting in a 750,000-strong subscriber base. New proprietary formats are also emerging, such as the foundation chaired by Antonio Campo dall'Orto, to whom Carlo De Bendetti sold his shares in the daily newspaper Il Domani. This is a wager on the viability of a self-financing publishing project aimed at a market — that of the liberal-democratic and centre-left public opinion — that risks remaining without its traditional reference media.
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