Handheld devices bring "The End" signal for print news

Tradional business model may have difficult time surviving.  A million iPads and Kindles are being unwrapped in a day. Sales of printed newspapers are facing a decline.

Publishers, preparing for the handheld arrivals, took the chance to break with a tradition that dates back to 1912, when publishers agreed not to produce Christmas Day papers to give paperboys, among others, a day off. For the first time in its 190-year history the Sunday Times published a digital-only edition on 25 December – with the normally paid for product given away in the hope of luring sought after digital subscribers.

Boxing Day publication, for dailies like the Guardian, has also become a necessity – to ensure digital editions for new Kindle and iPad owners to read. The result is that what was a traditionally quiet period for news has become a critical moment to showcase new work, at a time when an industry already riven by the phone-hacking scandal and under judicial examination, is facing what can be described as an existential crisis.