Advertising, Business Models, Controversial Topics, Newspapers, Nostalgia, Reading, Social Role, Technology, World of Tomorrow

You’re Murdering a Newspaper!

Time magazine, Volume 1 Issue 1, March 3, 1923...
Image via Wikipedia

You’re reading a blog. Don’t you know what that means?!

It means you’re killing a newspaper!

At least that’s how the newspaper industry sees it. In a strange string of opinion pieces, the following proposals have been made:

In every case, the essayist has the blame pointed in the wrong direction. Instead of acknowledging that newspapers are repeating the same error the railroads did at the end of the 19th century (by forgetting what business they’re in, and instead deifying the object that has traditionally represented their business — transportation vs. trains, news vs. papers), these essayists are blaming the freeloading reader, the echoing blogger, the exploitative search engine.

Wah! As Bill Wyman on Hitsville writes, when newspapers had a virtual monopoly on the daily distribution game, they made millions or billions selling advertising. In fact, subscription rates covered very little of the overall expenses, and probably accounted for little income. Advertisers were beholden to newspapers, and readers wanted the ads, too. Now, however:

the biggest problem the press has is that the evaporation of advertising has meant that the news it publishes has to stand on its own two feet.

And the fact is, it probably can’t, not carrying the costs of newsprint, a trucking system, and a large building. And not with the large amount of redundancy in the system (talk about your echoing bloggers — have you ever considered the echoes generated by wire services?). Scott Karp’s Publish2 initiative is working to show how efficient news gathering, dissemination, and localization can be in the networked age. The New York Times, despite what’s on their editorial page, seems to get it, as well, recently exposing 2.8 million articles via an API.

If the newspapers were thinking proactively instead of blaming their readers or asking to be sheltered like the relics they are becoming or resurrecting discarded payment schemes, they might avoid the fate of the railroads — devolving from a mainstream American businesses into niche products struggling for relevancy.

Reblog this post [with Zemanta]

About Kent Anderson

I am the CEO/Publisher of the Journal of Bone & Joint Surgery, Inc. Prior to this, I was an executive at the New England Journal of Medicine. I also was Director of Medical Journals at the American Academy of Pediatrics.

Discussion

Trackbacks/Pingbacks

  1. Pingback: ::: Think Macro ::: » Reading blogs #12 - Feb 14, 2009

Leave a Reply

Fill in your details below or click an icon to log in:

Gravatar
WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Connecting to %s

Side Dishes by Stewart Wills

Find Posts by Category

Find Posts by Date

February 2009
S M T W T F S
« Jan   Mar »
1234567
891011121314
15161718192021
22232425262728

The Scholarly Kitchen on Twitter

SSP_LOGO
The mission of the Society for Scholarly Publishing (SSP) is "[t]o advance scholarly publishing and communication, and the professional development of its members through education, collaboration, and networking." SSP established The Scholarly Kitchen blog in February 2008 to keep SSP members and interested parties aware of new developments in publishing.
......................................
The Scholarly Kitchen is a moderated and independent blog. Opinions on The Scholarly Kitchen are those of the authors. They are not necessarily those held by the Society for Scholarly Publishing nor by their respective employers.
Follow

Get every new post delivered to your Inbox.

Join 354 other followers