Media Business
The penny press refers to a type of inexpensive newspaper that emerged in the early 19th century, primarily in the United States, selling for just one cent. This innovation made news accessible to the general public, breaking the previous model of newspapers being expensive and aimed at the wealthy elite. The penny press revolutionized journalism by focusing on sensational stories, human interest pieces, and local news, leading to a dramatic increase in readership and the establishment of a new media landscape.
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