Newspapers RIP?
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- ukit
NYT takes out a $225 million loan
http://www.iht.com/articles/2008…
Tribune Company, which owns LA Times, The Chicago Tribune and The Baltimore Sun, might declare bankruptcy.
http://www.iht.com/articles/2008…
I wonder if national circulation newspapers will be a thing of the past someday soon.
- ********0
The real journalism is ending. Sad.
- when they stopped drinking from the desk drawer newspapers weren't fit for wrapping fish********
- when they stopped drinking from the desk drawer newspapers weren't fit for wrapping fish
- jimv0
blogged
- ukit0
Very true. Truth is that the TV networks rely on newspapers for a lot of the reporting. And blogs are pretty much just opinion, no real reporting yet.
- Nairn0
I worked in the newspaper industry about 10 years ago and they were shitting themselves then. Big changes were made, models evolved, subscription routes modified and online content made a priority.
For sure, these companies have taken a big hit and now have forms of competition previously unknown - but the ones who are willing to grow into new arenas will find themselves making even more money than they've known previously. 'Papers have the resources and know how to create valuable content, they have established and trusted brands that transcend the ephemerality of most websites - they just need to capitalise on their expertise. After all, running a web server is cheaper than a massive print press.
- last line = massive simplification, but you get what I mean, hopefully.Nairn
- graham0
There is definitely no future for them as they are. They literally are yesterday's news. They need to start figuring out how to make money from their websites.
- canuck0
I can't remember the last time I picked up a newspaper, let alone bought one. I guess sometimes I'll read one that is laying about on the train but that is it. Seems so much easier to scan a news site.
- jamble0
They can't compete with pictures of lolcats on digg.
- ********0
Sunday Times ran article that newspapers were breathing their last breathes now. It predict that some of the biggest names could be gone as early as spring 09.
- I'm sure the bigger ones will survive in some form or another as web versions. But lots of jobs will be lost.canuck
- Nairn0
The irony of the OP is the source website - the IHT.
Additionally, if NYT choose to, they could sell ads to an international market. I, for one, have never picked up a physical copy of the NYT nor would ever likely do - but I've read loads of articles from their website.
Suddenly, they have an audience of billions.
- Unless, of course, there's no money in online advertising. Though I suspect that Google might disagree with that view.Nairn
- I thought of subscribing the NYT, but a year´s subscription is 2000k in germany. big joke.********
- actually they are in the process of international content syndication. you see their stuff pop-up in german publications, online also.********
- online also.********
- Jesus! I can't see on their site how much the E-version costs? Guess that means it's expensive...Nairn
- I take it the 2000k is for transcontinental express shipping mostly. ePaper should be reasonable, I guess.********
- heh, quite - do they not print it in Germany? Many British papers are printed in Spain for the ex-pat market there...Nairn
- ukit0
Web is the future for sure but I don't think they make nearly enough online to survive. Most of them already have fully fledged websites that are pretty good.
- ********0
Should support your local news papers via subscription.
- ********0
frankly, I don´t see the need for the classic massive daily newspaper anyway. personally I prefer thorough, big, well researched pieces of journalism, the type of you find in the weekly newspapers or in the sunday editions. the daily stuff is usually just the news services´ ticker content.
- True but who is going to fund the research?********
- well, I hope the weeklies still sell. over here there´s a couple who seem to do ok.********
- That just becomes a magazine. And we all know how magazines are doing.********
- no mag, newspapers! e.g. http://en.wikipedia.…********
- True but who is going to fund the research?
- ukit0
IMO, it's the same problem as the music industry - we have become accustomed to getting it all for free, but it can't be produced for free.
- Nairn0
The mote I always find amusing in these kind of discussions is the innate assumption that what is should ever-more be thus. Should we mourn the passing of a media form that is inherently wasteful? One that categorises its audience into rigid hierachies and so regiments its editorial to spoon feed a party line to sate its punters' daily dollar-spend?
The threat to the independent journalist class is indeed a worry - but that is a field that could more than amply be filled by the internet. So what are we to be concerned about here? The loss of paper-based news? Of an entrenched establishment's inability to move with the times?
The cover price on most newspapers is largely irrelevant - the bulk of their revenues come from advertising. The internet needn't change that aspect.
- canuck0
I'm still waiting for a digital newspaper, that would be cool.
http://www.sharon-herald.com/dig…
Something you could roll up. or even fold
- ********0
Newspapers survived news magazines, tv and then cable. I don't think distribution is the problem it once was but people still have to find valuable information and in a form they can handle. The newspaper are pushing a star stable like Warner Bros in the thirties as radio delivered info and entertianment to peoples houses. Papers will break up into local sheets like New York Observer: slanted and insular. cheap with no stars.
- e-pill0
this always makes me laugh...
- ********0
wheres my bailout?
- ukit0
- ********0
Who wants to read a newspaper these days? I mean you have to turn the pages and everything. They should learn from new technology and reduce the whole paper to a single, concise twitter that I can LOL @.
- I even get bored moving the mouse. Why can't I just stream it straight to my head.Chimp