All of the following statements about the history of the newspaper industry are true EXCEPT
A) as a whole, the industry never reached the profit levels of the book industry.
B) chain ownership dramatically increased in the 1970s and profitability soared.
C) the newspaper business model was essentially unchanged for more than 150 years.
D) newspapers were the first major mass media industry.

Question

Quizplus · Accepted Answer

The newspaper industry has historically been very profitable, often more so than the book industry, especially during its peak periods in the 19th and 20th centuries.

All of the Following Statements About the History of the Newspaper