#13000238Summarize Spoken TextAcademicMediumReal Exam Prediction

Newspaper Industry

Official Question Material
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Official Audio Prompt

Because of the economic model, the newspaper industry has been shrinking dramatically from the last 50 years of the 20th century in some states of America. Also as the economic model changed, newspapers increased the cash flow. However, there are still some newspaper industries losing money because of a decrease in advertising and buyers. They can't find buyers. Only a few newspapers have positive cash flow. Over 100 newspapers with cash flow in red had no money to publish the newspaper everyday. Some of them published three days per week. Small-sized newspapers only published once a week and had to go online. Some newspapers even disappeared. The staff working in newspaper industry decreased by 30-60% or more.

Sample Answer & Audio Transcript

Because of the economic model, the newspaper industry has been shrinking dramatically from the last 50 years of the 20th century in some states of America. Also as the economic model changed, newspapers increased the cash flow. However, there are still some newspaper industries losing money because of a decrease in advertising and buyers. They can't find buyers. Only a few newspapers have positive cash flow. Over 100 newspapers with cash flow in red had no money to publish the newspaper everyday. Some of them published three days per week. Small-sized newspapers only published once a week and had to go online. Some newspapers even disappeared. The staff working in newspaper industry decreased by 30-60% or more.
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