networkworld.com— A going concern since 1901, Editor & Publisher -- "America's Oldest Journal Covering the Newspaper Industry" -- is going away at a time when that industry continues to get smaller by the day.
Dec 10, 2009View in Crawl 4
Actually, it is shrinking. Revenue growth in advertising on news sites doesn't appear to be proportional to the amount being lost in newspapers.Sites that make money by aggregating news don't count; they don't employ journalists. Sure, not running a printing press can save some bucks, but the path we're on shows fewer news gatherers being employed in the future. Though things aren't quite as grim as they seem. Sure, a few newspapers and magazines have gone under (far more magazines), but we are in the worst recession in a long time. It's hard to distinguish between an evolving media landscape and a bad economy right now.
Unfortunately, that's the way things need to go. Keep up with the times or get left by the wayside. If someone was trying to make cars to 100 year old specs, I doubt they would be getting any business now - and why should they?Good luck with the innovation - necessity is the mother of invention, but invention improves everyone's quality of life.
Most of the journalism on the web is subsidized by profits earned offline by the newspapers and TV news stations.Most online news consumers refuse to pay for subscriptions or to pay for individual news reports. And the ad rates online for the most part are too low to cover the cost of newsgathering.
I actually see this as a strength. The huge news conglomerates that use to be able to control a lot of what was the news are no longer able to do so. That is a great change.
Closed AccountDec 11, 2009
hope and change!
murfreeDec 11, 2009
Actually, it is shrinking. Revenue growth in advertising on news sites doesn't appear to be proportional to the amount being lost in newspapers.Sites that make money by aggregating news don't count; they don't employ journalists. Sure, not running a printing press can save some bucks, but the path we're on shows fewer news gatherers being employed in the future. Though things aren't quite as grim as they seem. Sure, a few newspapers and magazines have gone under (far more magazines), but we are in the worst recession in a long time. It's hard to distinguish between an evolving media landscape and a bad economy right now.
dfrossDec 11, 2009
Unfortunately, that's the way things need to go. Keep up with the times or get left by the wayside. If someone was trying to make cars to 100 year old specs, I doubt they would be getting any business now - and why should they?Good luck with the innovation - necessity is the mother of invention, but invention improves everyone's quality of life.
wolfboyDec 11, 2009
Most of the journalism on the web is subsidized by profits earned offline by the newspapers and TV news stations.Most online news consumers refuse to pay for subscriptions or to pay for individual news reports. And the ad rates online for the most part are too low to cover the cost of newsgathering.
michaelgurbiszDec 11, 2009
"A going concern since 1901" Sir, do you have a GOING problem; or a GROWING problem... better get Flomax - OR AT LEAST SPELL CHECK!
dalittleDec 11, 2009
I actually see this as a strength. The huge news conglomerates that use to be able to control a lot of what was the news are no longer able to do so. That is a great change.