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1、,It,sliketaseringanelderlypersonwho,salreadyonaPaCemaker;saysaBritishnewspaperbossofthenewsprintmarket,wherepriceshaverisenbyover50%inamatterofmonths.Thecostofpaperthatfeedsintopressesaroundtheworldisrisingtorecordhighs,pushingupexpensesfornewspapersfromMumbaitoSydney.Whentimesweregood,beforeadsshif
2、tedonline,newspapershadasupportivepartnershipwithpapermills.Asadsdepartedandcirculationsfell,relationsbecamemoretransactional.Theyarenowattheshoutingstage.Papermillshadtheworstofitforyearsasnewspapersreducedpagination,wentwhollydigitalorshutforgood.Thepaperswereabletohammerdownthecostofnewsprintfrom
3、firmsfightingforbusinessasdemanddeclined.Price-takingpapermillssufferedinsilence.Manyhesitatedtoshutmassivemachinescostinghundredsofmillionsofdollars.Thathesitancehasdisappeared;millsaretakingoutnewsprintcapacityanddiversifying.Manymillsareconvertingmachinestomakepackagingfore-commerce.Themills/,mov
4、edfrombeingpricetakerstobeingcapableco-participantsinadecliningmarket/*saysTimWoodsOfIndustryEdge,aresearchfirmforAustraliaandNewZealand1sforestryandpaperindustries.Thepandemic,withpeopleworkingfromhome,meantevenfewernewspaperpurchases,whichdepresseddemandfornewsprintagainandincreasedthepainforpaper
5、suppliers.Inthepast24monthsEuropeanmillshaverespondedbyshuttingalmostafifthoftheirnewsprintcapacity,saysabuyerforalargeBritishnewspapergroup.Germany*sprintandmediaindustryassociationhaswarnedthatmillsaregoingtoforcenewspaperstodumppapereditions,hurtingeachotherintheprocess.Itsaboutthefamousbranchtha
6、tbothofthemaresittingon,“itsaidrecently.Butmillscansellpackaginginstead.Werenotgoingtosavethepublishingindustrybybeingunprofitableourselves/*saysamillexecutiveinNorthAmerica.Forsomepublishers,priceriseswillwipeoutprofits.Theywillneedtodofurtherrestructuringinvolvingcuttingtitlesandlayoffs.IwanLeMoin
7、eofEMGE,aBritishpaper-industryconsultancy,expectsabigincreasein2022ofthenumberofpapersthatshutcomparedwithatypicalyear.Thatwilllowerdemandandnudgethemarketbacktowardsequilibrium.Butnewspaperswillhavemorehardconversationsaboutpaper,saysDouglasMcCabeofEndersAnalysis,aresearchfirm.Moredigitaladrenaline
8、isonepossibleanswertothepapermills,tasers.Ql:BymentioningItsliketaseringanelderlypersonwho,salreadyonaPaCernaker”,theauthorimpliesthatA. NewspaperindustryismakingprofitsB. NewspaperindustrybreaksupwithpapermillsC. NewspaperindustryisonthecliffD. NewspaperindustryQ2:Accordingtothe2ndand3rdparagraphs,
9、papermillsA. HavekeptsilentaboutstatusquoB. Havelaunchedself-rescuingoperationsC. Haveturnedtoe-commercebusinessD. HavechangedtheirpricingstrategyQ3:PapersupplierspainhasbeendeepenedbyA. WorkingpeopleB. ThepandemicC. ThenewspaperindustryD. ThepandemicQ4:AccordingtotheGermanyfsprintandmediaindustryas
10、sociation,newspaperindustrymayfaceA. AstrikebackfromitsformeralliesB. AlossofpackagingmarketC. AlossofcustomersfavoringpapereditionsD. AcompetitionfromthepapermillsQ5:WecanlearnfromthelastparagraphthatclosedownofnewspaperswillA. facilitatethelayoffsinnewspaperindustryB. terminatetheconversationswithmillsC. CultivateaboostindigitaladrenalineD. Bringdownthecostofpaper