Quantcast

Forums | MacLife

You are not logged in.

#1 2009-03-12 4:08 pm

ShnickyShnack
::: title edited due to Satanic influences :::
From: Rockin' out
Registered: 2001-05-25
Posts: 22237

Is the newspaper industry doomed?

International Herald-Tribune asks, "which major American city will be the first to be without a newspaper

"In 2009 and 2010, all the two-newspaper markets will become one-newspaper markets, and you will start to see one-newspaper markets become no-newspaper markets," said Mike Simonton, a senior director at Fitch Ratings, who analyzes the industry.

Many critics and competitors of newspapers — including online start-ups that have been hailed as the future of journalism — say that no one should welcome their demise.

"It would be a terrible thing for any city for the dominant paper to go under, because that's who does the bulk of the serious reporting," said Joel Kramer, former editor and publisher of The Star Tribune and now the editor and chief executive of MinnPost .com, an online news organization in Minneapolis.

Ad revenue, the industry's lifeblood, has dropped about 25 percent in the last two years (by comparison, automotive revenue for Detroit's Big Three fell about 15 percent during the same period, although it has accelerated recently), and that slide, accelerated by the recession, shows no sign of leveling off in 2009.

Web sites like Craigslist have been to classified ads what the internal combustion engine was to horse-drawn buggies. The stock prices of most newspaper publishers have dropped more than 90 percent from their peaks.

And magnifying the problem, for many chains, is a heavy burden of debt that they took on, mostly in a spree of buying other newspapers from 2005 to 2007, just before the bottom dropped out of the business.

So basically, a whole smurfload of newspapers are truly smurfed. It's hard not to be apocalyptic about their chances of survival. So what does the future hold for newspapers?

Personally I think that a hybrid print/online model is the way to go, seriously downsizing their print operations, turning them into little more than community papers, and putting as much content online as possible. I do think there's a balance to be struck in terms of revenue versus expenditures.

They've been going through massive changes akin to what the music industry has been wrestling with. However with newspapers, no matter how much I ponder it, I can't think of ways for newspapers to make up for lost revenues in other areas. It's pretty well established that people aren't willing to pay for online content, banner ads are useless, Google ads are a waste of time.

The only solution I can think of is for newspapers to reposition themselves as content providers, selling content besides hard news (like professionally-written blogs for instance). But that could hurt their journalistic credibility.

So are they screwed?


Note: please delete this post.

Offline

 

#2 2009-03-12 4:12 pm

JakeTheTall
Cargo Cultist
From: In Permanent Opposition
Registered: 2003-03-13
Posts: 9604

Re: Is the newspaper industry doomed?

The Amazon Kindle will save them via subscription fees ?


Jesus said to the servants, "Fill the jars with water"; so they filled them to the brim.  Then he told them, "Now draw some out and take it to the master of the banquet."  They did so, and the master of the banquet tasted the water that had been turned into wine. He did not realize where it had come from, though the servants who had drawn the water knew.

Offline

 

#3 2009-03-12 4:58 pm

Hank Rearden
Watch your step
From: Republic of Western Canada
Registered: 2001-04-18
Posts: 7044
Website

Re: Is the newspaper industry doomed?

It's not doomed until they come up with a substitute that won't be ruined if I happen to spill my coffee on it at the breakfast table.

(And, seriously, some of the big, big papers are in trouble. But I have a feeling that small-market local rags will still make a go of it as long as they keep their budgets down and survive mainly on local advertising. The lousy daily in my town is - unfortunately - not going anywhere anytime soon)


The gross heathenism of civilization has generally destroyed nature, and poetry, and all that is spiritual. -John Muir-

Offline

 

#4 2009-03-12 5:31 pm

DevoDoc
Vardøger
From: The East Wing
Registered: 2003-05-27
Posts: 2711

Re: Is the newspaper industry doomed?

I worry that if the big newspapers go under then credible journalism will suffer.  I worry more that most American's probably don't care about credible journalism.


We also know how cruel the truth often is, and we wonder whether delusion is not more consoling. - Henri Poincaré
http://www.cdc.gov/images/campaigns/SwineFlu/stayhome_130x73.jpg

Offline

 

#5 2009-03-12 5:33 pm

Hank Rearden
Watch your step
From: Republic of Western Canada
Registered: 2001-04-18
Posts: 7044
Website

Re: Is the newspaper industry doomed?

If ET was good enough for my grandpappy, it's good enough for me, dangit.


The gross heathenism of civilization has generally destroyed nature, and poetry, and all that is spiritual. -John Muir-

Offline

 

#6 2009-03-12 5:35 pm

resedit
Chicken Little
Royal Wombat
From: /dev/null
Registered: 1999-11-01
Posts: 50393
Website

Re: Is the newspaper industry doomed?

DevoDoc wrote:

I worry that if the big newspapers go under then credible journalism will suffer.  I worry more that most American's probably don't care about credible journalism.

That is a problem.
Most multimedia based journalism is based upon sensationalism, and unfortunate side effect of the multimedia platform.


In her right hand Jenny held the Bible of her mother
Jenny had a pistol in the other
-- Steve Taylor

Offline

 

#7 2009-03-12 5:37 pm

ShnickyShnack
::: title edited due to Satanic influences :::
From: Rockin' out
Registered: 2001-05-25
Posts: 22237

Re: Is the newspaper industry doomed?

DevoDoc wrote:

I worry that if the big newspapers go under then credible journalism will suffer.  I worry more that most American's probably don't care about credible journalism.

Americans don't read.


Note: please delete this post.

Offline

 

#8 2009-03-12 5:49 pm

DevoDoc
Vardøger
From: The East Wing
Registered: 2003-05-27
Posts: 2711

Re: Is the newspaper industry doomed?

ShnickyShnack wrote:

DevoDoc wrote:

I worry that if the big newspapers go under then credible journalism will suffer.  I worry more that most American's probably don't care about credible journalism.

Americans don't read.

Why don't you come down here and say that to my face?

Um, so I don't have to read it.


We also know how cruel the truth often is, and we wonder whether delusion is not more consoling. - Henri Poincaré
http://www.cdc.gov/images/campaigns/SwineFlu/stayhome_130x73.jpg

Offline

 

#9 2009-03-12 5:49 pm

StaticAge
Fearless Vampire Killer
From: Crouching in your pea patch
Registered: 2002-08-28
Posts: 6933
Website

Re: Is the newspaper industry doomed?

Isn't why we invented the Daily Show so we dont have to read papers anymore? Heck, we dont even watch the news anymore, we watch a series of public relation pieces and gossip reports and sports and weather.

Last edited by StaticAge (2009-03-12 5:53 pm)


"Live with your head in the lion's mouth. I want you to overcome 'em with yeses, undermine 'em with grins, agree 'em to death and destruction, let 'em swoller you till they vomit or bust wide open." -Ralph Ellison

"Overpower, overcome" -Cro-Mags

Offline

 

#10 2009-03-12 7:28 pm

sturner
Royal High Poobah
Moderator
From: Carrollton, TX USA
Registered: 2000-01-31
Posts: 13768

Re: Is the newspaper industry doomed?

ShnickyShnack wrote:

Web sites like Craigslist have been to classified ads what the internal combustion engine was to horse-drawn buggies. The stock prices of most newspaper publishers have dropped more than 90 percent from their peaks.

The only solution I can think of is for newspapers to reposition themselves as content providers, selling content besides hard news (like professionally-written blogs for instance). But that could hurt their journalistic credibility.

So are they screwed?

These are two most likely avenues. Op-ed pieces are still there. And the forum response to them. This could be where they could live.


I'm not dead yet.
There are 3 types of people, those who can count and those who can't.
"There are few things graven in stone, excepting your date of death."

Offline

 

#11 2009-03-12 7:39 pm

user
Your plastic pal who's fun to be with
From: I'm not getting you down, am I
Registered: 2001-10-15
Posts: 16021

Re: Is the newspaper industry doomed?

My local paper (albeit owned by an East coast conglomerate) starting today just cut out big chunks of the Thursday paper, having late last year already whittled down the Mon and Tues paper to a slim cigarette.

My articles are in the Tues paper.


Aw, he's no fun, he fell right over.

Unless you become as little children, there's no way you will believe this crap.

Offline

 

#12 2009-03-12 9:14 pm

wellfleation
High on Life
From: Metheun, Mass.
Registered: 2001-11-13
Posts: 8674

Re: Is the newspaper industry doomed?

Righties rejoice to the demise of the NYT

The country will become more stupider. Thats all we need.


FIGHThttp://img.photobucket.com/albums/v317/wellfleation/stern-h1_01.jpgPOWER

Offline

 

#13 2009-03-12 9:24 pm

wellfleation
High on Life
From: Metheun, Mass.
Registered: 2001-11-13
Posts: 8674

Re: Is the newspaper industry doomed?

Actually the right info is all their to be had on the web but so is the wrong. You can read and learn of the interrelations that result in conflict in Iraq (and learn possible insight) or learn how to build a pipe bomb, all on the web. The question is, are you a smart or a stupid person to begin with as the knowledge is there regardless.


FIGHThttp://img.photobucket.com/albums/v317/wellfleation/stern-h1_01.jpgPOWER

Offline

 

#14 2009-03-12 9:31 pm

ukimalefu
4 8 15 16 23 42
Moderator
From: time loop
Registered: 2002-09-09
Posts: 9351
Website

Re: Is the newspaper industry doomed?

Hey, pet owners NEED newspapers. How are you going to train your new puppy or what will you put in your birds cage? An old LCD monitor?

Offline

 

#15 2009-03-13 9:04 pm

Mustapha Mond
Up your alley
Registered: 2001-03-24
Posts: 7028
Website

Re: Is the newspaper industry doomed?

I'd argue that Americans read plenty -- that, in fact, these days we may be reading more than ever. Discourse is changing, and so, even, is the language, but we're reading non stop. A Barnes and Noble just opened literally across the street from a Borders Books not far from my parents' house, and both places are always jam packed. Even most of my students read like smurfing crazy.

I think there are two reasons newspapers are suffering. One, all the news is always smurfing terrible and depressing; and two, there's no such thing as truth anymore. If all you're going to get is bad news -- and you're either not going to be able to trust the source of that news, or you're going to have to have conversations with idiots who believe the spin and disinformation from other sources -- then what's the point? It's too depressing. Too infuriating.

Another aspect is that our world of words is more interactive than ever thanks to the Internet, but newspapers can't provide readers the voice that we all expect to have these days. It's all one-way communication, which is unsatisfying, especially when what you're reading is so outrageous all you want to do is scream back at it.

A solution that I'm just pulling out my arse right now: Newspapers should should figure out how to merge blogs/forums with investigative reporting. Make it all available via Kindle, iPhone, Blackberry, etc. The "top level" of each article should be "light," almost blurb-ish, but then make sure it's obsessively linked to as much hard fact and raw data as possible. That way readers can read, research, and argue, all in one spot. Sort of like if MiniThink hired reporters and then saved us the trouble of having to google incessantly for fuel for our fights.

Offline

 

#16 2009-03-13 9:17 pm

ShnickyShnack
::: title edited due to Satanic influences :::
From: Rockin' out
Registered: 2001-05-25
Posts: 22237

Re: Is the newspaper industry doomed?


Note: please delete this post.

Offline

 

#17 2009-03-13 10:24 pm

avkills
demyelinated brain matter
Registered: 2001-05-09
Posts: 7094

Re: Is the newspaper industry doomed?

Frankly, I am surprised they've lasted this long.  Newspapers are obsolete and do nothing more than waste paper.

-mark

Offline

 

#18 2009-03-14 1:32 am

unshavenyak
Your resident non-Neoclassical economist
From: Ontario, Canada
Registered: 2003-08-16
Posts: 345

Re: Is the newspaper industry doomed?

I'm actually saddened. Between my DAP, Nintendo DS Lite, books and newspaper the commute is never dull for me. There's something very enjoyable about being able to share sections of the paper or reading a story with another person and being able to talk about it. And then there's doing the daily crossword with my other colleagues at lunch.

Yes, I do realize that newspapers (and books) are damaging to the environment, but it can be mitigated somewhat by sharing the newspaper with others, reusing / recycling and in the case of books, buying second-hand.

I've also found that while the news websites I frequent (BBC and NBC) have decent reporting, the websites often strike me as having way too much content crammed into each page, making the whole experience less enticing.

Lastly...after spending at least 8 hours a day in front of a computer screen, it's good to give your eyes a rest.

As a footnote, I will say I do love a good glossy too, but have found them lacking in content for the price they demand these days. I can easily blow through the articles of interest in Toronto Life in a 30 minute sitting...

Last edited by unshavenyak (2009-03-14 1:33 am)

Offline

 

#19 2009-03-14 10:58 am

avkills
demyelinated brain matter
Registered: 2001-05-09
Posts: 7094

Re: Is the newspaper industry doomed?

I've only read USAToday; mostly since I travel frequently and the hotels drop them for free.  I do not think I'd ever buy a newspaper.  Although ironically, I had a paper route as a kid and kept getting sick, turns out I was allergic to the ink they were using at the time. lol  I suppose in my sub-conscience I hate them. wink

-mark

Offline

 

#20 2009-03-16 11:28 am

Freakout Jackson
Meme-free
From: ::moderated like a mo-fo::
Registered: 2001-08-21
Posts: 6371

Re: Is the newspaper industry doomed?

The Seattle Post-Intelligencer is on it's way out.
The Seattle Times isn't far behind either.

The city of Boeing & Microsoft about to be newspaperless

Last edited by Freakout Jackson (2009-03-16 11:29 am)


"Perhaps if there were more Americans who had the courage to stand up to idiocy maybe we wouldn't have such an awful country." ~ VegasACF

I couldn't deal with a clone of myself. I would probably kill him inside a week, and tell the police it was justifiable homisuicide, and tell them to sit around and hang out with me for a week to show them why. ~ Dan

Offline

 

#21 2009-03-16 7:57 pm

avkills
demyelinated brain matter
Registered: 2001-05-09
Posts: 7094

Re: Is the newspaper industry doomed?

Freakout Jackson wrote:

The Seattle Post-Intelligencer is on it's way out.
The Seattle Times isn't far behind either.

The city of Boeing & Microsoft about to be newspaperless

Nah they have those indie rags still.  I think "The Stranger" is one of them.  I was just there.

-mark

Offline

 

#22 2009-03-17 12:58 am

Freakout Jackson
Meme-free
From: ::moderated like a mo-fo::
Registered: 2001-08-21
Posts: 6371

Re: Is the newspaper industry doomed?

avkills wrote:

Freakout Jackson wrote:

The Seattle Post-Intelligencer is on it's way out.
The Seattle Times isn't far behind either.

The city of Boeing & Microsoft about to be newspaperless

Nah they have those indie rags still.  I think "The Stranger" is one of them.  I was just there.

-mark

I've read the stranger since I moved here in 92 (not so much lately but my wife reads it every week). I also used to buy the PI every day. They're not the same. Daily/weekly....The stranger tries (hard) to be "edgy". Most people don't want to wade through the sarcasm & inside jokes to get to the news. The seattle weekly is good too but again not the same thing. I get my news online now like everyone else. Hopefully I'll be able to read Art Thiel (PI sportswriter) online from here on out. He was the main reason I chose the PI over the Times.


"Perhaps if there were more Americans who had the courage to stand up to idiocy maybe we wouldn't have such an awful country." ~ VegasACF

I couldn't deal with a clone of myself. I would probably kill him inside a week, and tell the police it was justifiable homisuicide, and tell them to sit around and hang out with me for a week to show them why. ~ Dan

Offline

 

#23 2009-03-20 5:05 pm

daemon
blank prince HAL
From: Golden Road (Out of Perdition)
Registered: 2008-01-03
Posts: 3643
Website

Re: Is the newspaper industry doomed?

via daring fireball
http://www.shirky.com/weblog/2009/03/ne … thinkable/

...
The problem newspapers face isn’t that they didn’t see the internet coming. They not only saw it miles off, they figured out early on that they needed a plan to deal with it, and during the early 90s they came up with not just one plan but several. One was to partner with companies like America Online, a fast-growing subscription service that was less chaotic than the open internet. Another plan was to educate the public about the behaviors required of them by copyright law. New payment models such as micropayments were proposed. Alternatively, they could pursue the profit margins enjoyed by radio and TV, if they became purely ad-supported. Still another plan was to convince tech firms to make their hardware and software less capable of sharing, or to partner with the businesses running data networks to achieve the same goal. Then there was the nuclear option: sue copyright infringers directly, making an example of them.
...

good read


Brigid O'Shaughnessy: I haven't lived a good life. I've been bad, worse than you could know.
Sam Spade: You know, that's good, because if you actually were as innocent as you pretend to be, we'd never get anywhere.
http://sitruc.blip.tv/file/2661495/

Offline

 

#24 2009-03-20 5:21 pm

Tallgeese
Sternly Advising
From: Pool Party
Registered: 2000-10-17
Posts: 34058

Re: Is the newspaper industry doomed?

I was listening to some publishers today saying that there's a lot of regret that they didn't lawyer up after sites like Huffington Post that reprint stories without payment.


I still believe in liberalism today as much as I ever did, but, oh, there was a happy time when I believed in liberals.

Offline

 

#25 2009-03-20 7:39 pm

ShnickyShnack
::: title edited due to Satanic influences :::
From: Rockin' out
Registered: 2001-05-25
Posts: 22237

Re: Is the newspaper industry doomed?

Yes, the RIAA's campaign have saved the music industry!


Note: please delete this post.

Offline

 

Board footer

Powered by PunBB 1.2.6
© Copyright 2002–2005 Rickard Andersson