PRINT MEDIA´S DEATH
Bad news about America’s newspapers, that are tumbling out too fast for their presses to keep up. The closure of “the Rocky” after 150 years and the 180-year-old Philadelphia Inquirer joined the owners of the Chicago Tribune and Minneapolis Star Tribune in bankruptcy proceedings.
San Francisco Chronicle is threatening to close ; USA Today, has followed The New York Times in slashing its dividend to preserve cash. Titles from the venerable Cincinnati Post to the six-year-old New York Sun have folded.
Obituaries for the news business are being written in newsrooms around the world as advertising revenues that long subsidised the cost of newsgathering shrink, just as digital media usurp print’s role as intermediary between advertisers and customers. The crisis is affecting not just newsprint: most news magazines, broadcast news outlets and newswires are also suffering.
Meanwhile blogs, tweets, social networks and online news are growing exponentially…
Carlos de Paladella Said,
March 18, 2009 @ 6:41 am
If you want to follow this issue, visit http://www.newspaperdeathwatch.com/
mvalls Said,
March 18, 2009 @ 6:52 am
Thanks Carlos very interesting.
José Luis Agell Said,
March 24, 2009 @ 12:34 pm
It is clear, the downturn is having a big impact on the print media. But there are some newspaper who are taking advantage of this moment.
APIs, for example, are changing the way in which businesses interact on Internet and some newspapers are offering their services through an API to other developers with big success. The New York Times and The Guardian are the most known examples but I am sure there will be more in the next months.