The End Of The Newspaper Business?
#16
Posted 26 February 2009 - 10:49 AM
The economy is huge. Not only are people cutting back on extra expenditures - like news subscriptions, but advertising budgets are quickly shrinking. A huge print advertiser was the auto industry, especially local dealers who are hurting, and cannot spend as they once did. And that is also the case in many segments.
24x7 cable news channels are a big part of it. As was said earlier, all news that comes out in a newspaper is already stale at best, and often obsolete. Print does not allow for instant publication whereas TV does.
Editorial bias plays a part. As Dave already called the Bee on its editorial bent, from a business standpoint, this is an incredibly ill-advised move. You automatically alienate 40% of your possible audience by leaning one way or the other. People just aren't going to pay for news that is slanted in opposition to one's own position.
Very little innovation in the final product. Newspaper format has remained stagnant since the turn of last century. People are on the go now. There isn't a huge "read the paper while drinking mimosa for breakfast" crowd any more. Cumbersome pages that are difficult to manage while sitting on the light rail is not a great "buy me" feature.
#17
Posted 26 February 2009 - 11:09 AM
The economy is huge. Not only are people cutting back on extra expenditures - like news subscriptions, but advertising budgets are quickly shrinking. A huge print advertiser was the auto industry, especially local dealers who are hurting, and cannot spend as they once did. And that is also the case in many segments.
24x7 cable news channels are a big part of it. As was said earlier, all news that comes out in a newspaper is already stale at best, and often obsolete. Print does not allow for instant publication whereas TV does.
Editorial bias plays a part. As Dave already called the Bee on its editorial bent, from a business standpoint, this is an incredibly ill-advised move. You automatically alienate 40% of your possible audience by leaning one way or the other. People just aren't going to pay for news that is slanted in opposition to one's own position.
Very little innovation in the final product. Newspaper format has remained stagnant since the turn of last century. People are on the go now. There isn't a huge "read the paper while drinking mimosa for breakfast" crowd any more. Cumbersome pages that are difficult to manage while sitting on the light rail is not a great "buy me" feature.
I think USA today has a better format for holding & reading a paper while riding on a train, bus, or a passenger in a commuter car. And I think they have a better handle on a unique market, business travellers on the go, get a free copy from the Hotels they stay at.
#18
Posted 26 February 2009 - 01:30 PM
All those very smug, liberal newspaper editors (who deny any liberal bias) out of work, just brings a smile to my face.
Now if there were only a way to see the same thing happen to the so called "liberal-elite" at colleges. Oh, Wouldn't it be lover-ly?
#19
Posted 26 February 2009 - 03:03 PM
Now if there were only a way to see the same thing happen to the so called "liberal-elite" at colleges. Oh, Wouldn't it be lover-ly?
And what do we do with the right-wing conservatives that dominate the cable networks? I suppose they get to stay in your red world?
#20
Posted 26 February 2009 - 03:42 PM
Sour grapes. Take heart, though, the liberal media got a president annointed just 3 months ago.
#21
Posted 26 February 2009 - 03:47 PM
Golly, and here I thought the people overwhelmingly voted for him.
#22
Posted 26 February 2009 - 04:06 PM
Read Bernard Goldberg's book "A Slobbering Love Affair"
#23
Posted 26 February 2009 - 04:13 PM
but rather to skid in broadside in a cloud of smoke, thoroughly used up, totally worn out, and loudly proclaiming
"Wow! What a Ride!"
weservicepools.com
#24
Posted 26 February 2009 - 05:54 PM
Jeff
Jimi Hendrix
#25
Posted 26 February 2009 - 06:45 PM
Jeff
All those very smug, liberal newspaper editors (who deny any liberal bias) out of work, just brings a smile to my face.
Oh wait. The RMN was Denver's conservative paper.
Nevermind.
Seriously though, that's very sad. 150 years. It won't be the last I'm afraid.
Sinatra "Here's to the Losers"
#26
Posted 26 February 2009 - 07:13 PM
Oh wait. The RMN was Denver's conservative paper.
Nevermind.
Seriously though, that's very sad. 150 years. It won't be the last I'm afraid.
Just because something has been around 100+ years doesn't mean that it should stay that way just because it's been around. I mean look at the auto companies, they would go poof if not for the bailout. Guess the paper crowd doesn't have enough pull for some of that Barry O "save our a$$" money.
A newspaper has changed in a 100 years, maybe it's time for them to go.
#27
Posted 26 February 2009 - 08:00 PM
A newspaper has changed in a 100 years, maybe it's time for them to go.
Well yeah - obviously they need to adapt or they die. The same could be said of Bank of America and polar bears.
Newspapers have made some bad choices - most notably treating the internet as a fad for too long. Now some newspapers have gone whole hog on the internet and what it can do, like the Bee with all their databases lately (though they pissed off lot of state workers with one of them), but there's still the issue of how to be profitable online. Pop-up ads ain't gonna do it. Aside from pornographers, I can't think of any print media that has made money by going online.
And for those who say they'll just get their news via AP off the internet and don't need a newspaper (online or otherwise), well, you know where the wire services like AP get their money? From their subscribers, which are largely newspapers. So if the newspapers go, and with them *their* websites, so do the wire services.
One thing I've heard is that because the newspapers (and magazines) were the first to be affected by the economy starting about three years back, because auto ads stopped mainly, they'll be the first to be affected by the recovery, whenever that might happen. But I'm not holding my breath.
It's almost like they'd *all* have to agree at once to start charging subscriptions for online service, and block or actively fight linking to their content like the recording industry has done. No more freebies.
Dunno. I'm sure they're welcome to ideas if you have any.
Sinatra "Here's to the Losers"
#28
Posted 26 February 2009 - 08:40 PM
#29
Posted 26 February 2009 - 08:46 PM
Yeah, I see "CNN: The Print Edition" on the horizon. As far as all the journalists (and, presumably, copy editors and photographers and marketing people and the other hundreds of jobs a paper creates) turning to blogging goes, well, you know what they say:
writing a blog plus a having a quarter will buy you a gumball.
Sinatra "Here's to the Losers"
#30
Posted 03 March 2009 - 04:15 PM
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