Wednesday, February 04, 2009
The Death of Newspapers?
Newspapers have been and remain by far the largest source of news coverage and analysis in any city or town no question because without the newspapers there would be no sheets for other media outlets such as TV, radio stations, magazines, websites, and etc.
It's interesting how the classified sections are becoming scarce thanks to websites like Craigslist, oodle, usfreeads, onlineclassifieds, and etc.
What is sad is that these major newspapers give out their the columnist’s work for free to the online medias. The younger generations rather read on the inter webs, and on top its just much cheaper than walking to the store and buying the print and also its saves paper for the environment and it is not slowing down at all because that is the way the market is shifting.
Now a days you talk to anyone everyone mostly go on website to get their most up to date news, even now because of twitter, I can get tweets sent from the NY Times, CNN, and any other media outlets for up to date info. instead of me going on the website, they send me a tweet about up to date information......so the web landscape is definitely shifting and all the big corporations are also moving towards the shift
Did you know that after reading the Atlantic, that "Newspaper penetration—the number of households looking at a paper—now amounts to less than 18 percent of the population, compared with 33 percent back in 1946. In its home market, The New York Times has a dismal 7 percent penetration. The New York Times Company, which, like the rest of the industry, used to reap tremendous profits, is one of the many publicly traded newspaper companies that have lost well over half their market value in the past two years. Just this past year, shareholders of publicly traded newspaper companies have lost 83 percent of their investments."
Quite scary, so how long do you think the Newspaper will last? Only time will tell and I will leave this quote from a veteran photographer named George Guthrie is talking to a young journalist. Guthrie says, “People do awful things to each other. But it’s worse in places where everybody is kept in the dark. Information is light. Information, in itself, about anything, is light.” So what happens when people start caring about this and there is no more investigation?
Will papers become local news sources? It seems like thats the only survivors in town.
Quite scary don't you think...
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