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UPDATED: The Future of the Newspaper (see comments for news story)

Today at 11am will be a one hour segment on the future of newspapers.  If you're on a computer, you can listen to this on your Windows Media Player for free. The Diane Rehm Show.

This should be interesting for any of us keeping track of the media changes.

Stephanie Jacques

Comment balloon 3 commentsStephanie Jacques • March 11 2009 09:50AM

Comments

Gosh, I heard a similar interview on NPR a few weeks back about the Christian Science Monitor going totally internet. Sounds good.

Posted by Janice Roosevelt, OICP ABR, ePRO,Ecobroker ( Keller Williams Brandywine Valley ) over 8 years ago

After listening to this story, between phone calls and some paperwork, I learned that classified ads used to bring in over 40% of a paper's revenue.

Due to Craigslist and Monster.com where people can post their ads for free and cover more territory through internet exposure, newspaper's revenue is clearly dropping.

Readership levels are also dropping, though the generations of readers who prefer reading the paper remains at 18%. At that level, where do papers make their money? They are actually needing to look at changing their business models, as are several industries today.

They are doing so by removing layers. The reach to editors is much simpler and quicker now that layers have been removed.  Think about it, journalists are easily being replaced by bloggers who can provide quicker access to news (to those online).

They thought about having people pay for their publications online. LA and NY papers were unsucessful with this because the same type of news stories could be found online for free either through public reporting and blogs, or through other papers delivering the news online for free. It would take everyone getting together in that industry and agreeing to some consistent guidelines for how to charge the public. Would that work?

Then there is the question of, what news is worthy? What's content vs. what isn't content? What about non-computer users? 15% of those who read the papers never read theinternet. They won't go away tomorrow, these people still demand the paper, but at what costs do the papers continue to satisfy those readers and how much longer can do they continue to do so? Imagine the costs of delivering the local paper to someone's door when only 18% of the population subscribes, or even less in the future?

What about recycling and the green movement? How will that affect the 18% who prefer to read a paper in hand?

I found this very interesting. I hope you did as well! Have a great day and enjoy your morning news!

Posted by Stephanie Jacques, Stephanie Jacques Kleine (Better Homes and Gardens The Masiello Group) over 8 years ago

There is the subject of, what info is notable? What's thing vs. what isn't proportionality? What about non-computer users? 15% of those who construe the papers never show theinternet. They won't go absent tomorrow, these grouping plant status the report, but at what costs do the papers continue to satisfy those readers and how some soul can do they preserve to do so? Envisage the costs of delivering the localized wadding to someone's entrance when only 18% of the population subscribes, or yet less in the hereafter?
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Erwin
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