[back]
Do Newspapers Have a Future?
It seems hopeless. How can the newspaper industry survive the internet? On the one hand, newspapers are expected to supply their content free on the web. On the other hand, the thing that make them money the most - advertisement - is being lost to the tons of classified sites (where some are also free). And display advertsing is close behind. Meanwhile, there is the blog terror: people are getting their understanding of the world from random people riffling in their underwear, rather than professional journalists with standards and passports (ouch!)
Ten years ago, it was a challenge for websites to get people to spend time for pleasure in front of a computer screen. Now the problem is to get people under 50 or so to pick up a newspaper. Damp or encased in plastic bags, and planted in the bush outside where it's cold, full of news that is cold too because it has been sitting there for hours, the home-delivered newspaper is an archaic object. Who needs it? You can sit down and enjoy that same newspaper or any other paper in the world. Or you can skip the newspaper and go to some site that makes the news more entertaining or politically simpatico.
So are we doomed to get our news from some acned 12-year-old in his parents' basement recycling rumors from the internet echo chamber? Not necessarily. The fact that people won't pay for news on the internet isn't as devastating for the old medium as it seems. People don't pay for their news in traditional newspapers; they pay for the paper. So in theory, giving away the news without the paper looks like a good deal for newspapers, if they can keep the advertising.
Once you've rented an apartment online, you know that traditional newspaper classifieds, with their tiny type, have no future. But only slow-footedness has kept newspapers from dominating online classifieds. Technology can be bought, but the brand value of a local newspaper cannot (unless you buy the company
). Newspapers are not missing the blog boat. They are running for it like the last train out of Paris. Maybe it's too late, but if newspapers have missed this boat, it's their own fault. Newspaper on paper are on the way out. Whether newspaper companies are on the way out too depends. Some of them are going to find the answers. And some are going to fritter away the years quarreling about staff cuts.
Ten years ago, it was a challenge for websites to get people to spend time for pleasure in front of a computer screen. Now the problem is to get people under 50 or so to pick up a newspaper. Damp or encased in plastic bags, and planted in the bush outside where it's cold, full of news that is cold too because it has been sitting there for hours, the home-delivered newspaper is an archaic object. Who needs it? You can sit down and enjoy that same newspaper or any other paper in the world. Or you can skip the newspaper and go to some site that makes the news more entertaining or politically simpatico.
So are we doomed to get our news from some acned 12-year-old in his parents' basement recycling rumors from the internet echo chamber? Not necessarily. The fact that people won't pay for news on the internet isn't as devastating for the old medium as it seems. People don't pay for their news in traditional newspapers; they pay for the paper. So in theory, giving away the news without the paper looks like a good deal for newspapers, if they can keep the advertising.
Once you've rented an apartment online, you know that traditional newspaper classifieds, with their tiny type, have no future. But only slow-footedness has kept newspapers from dominating online classifieds. Technology can be bought, but the brand value of a local newspaper cannot (unless you buy the company
Bookmarks:
Furl it
Del.icio.us
Digg it
Fark it
Blink it
Spurl it
Smarking
9 Comments
Posted on 28 Sep 2006 by Zalan_Zalfrecko
by faruqy @ 28 Sep 2006 01:44 pm
by Datuk D @ 28 Sep 2006 01:45 pm
by Zalan @ 28 Sep 2006 05:13 pm
Isn't globalization a global killer to those unfit enough to survive? Even a nation would face the same fate if it keeps ignoring the consequences of globalization. And where do WE stand in this whole scenario?
But really lah Faruq, nothing beats flipping through the pages... e-books fail to take me away from that....yet
But really lah Faruq, nothing beats flipping through the pages... e-books fail to take me away from that....yet
by faruqy @ 29 Sep 2006 11:23 am
by Stone @ 02 Oct 2006 04:55 pm
by Zalan @ 03 Oct 2006 08:09 am
by faruqy @ 03 Oct 2006 10:12 am
by zura @ 04 Jun 2008 12:26 pm
Content Management Powered by CuteNews
