Newspapers

It's a moment in history where a decision has to be made about the future of the newspaper industry. Certain notions about newspaper shifting to web sounds ridiculous to me. I read two newspapers and surf web to comment on this

Reading a newspaper one gets a whole picture, surfing web one gets few headlines, forcing the reader to develop worldview on few headlines that are sensational.

My calculation is reading a newspaper for 15 minutes is equal to reading a web based newspaper for 2 hrs, and also time spending reading 10 classifieds in the web can be used to read 100 classifieds in newspaper.

So the newspaper is good way to gather information and also time efficient.

Having squawked about newspaper, I have to talk about the newspaper industry, one thing is for sure newspaper industry is not going to give Wall Street pleasing returns, so it is time to look at NPR model.

The newspapers should be converted into non profits, with a $1 paid as sale price to current owner and also by 2 cent royalty for each copy sold in perpetuity to owner.

Reduction in newsroom staff is fashionable owners should realize it is a vicious circle, soon readers will realize there is no value in newspaper because it is too shallow and no effort went into news

Readers should be encouraged to buy long term subscription which can be tax deductible 100%, with changes in ownership pattern and providing an incentive to readers I think the newspaper industry should be viable


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Comments

Awww.. You should have checked out corkin.com !

Posted by Free Classifieds on March 25, 2009 03:23 AM

Good Post.Keep it up.
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Posted by Acai on April 6, 2009 02:17 AM

Well this is very interesting indeed.Would love to read a little more of this.
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Posted by Acai berry on April 10, 2009 10:35 PM

Good luck to the newspapers. Content online is difficult and not very profitable either. Sites dedicated to selling products only are multiple times more profitable than content sites.

Posted by Diet Cleanse on April 21, 2009 09:21 AM

Hard to say really. One one hand newspapers do provide a different "feel" if you will compared to web news. But web news is much cheaper (heck, all you need is a site) and provides easier delivery and easier access for readers.

It's going to be interesting to see how and if newspapers adapt.

Posted by Acai Berry Products on May 13, 2009 01:05 AM

I honestly believe those small business owners that embrace changes and technologies like Google Wave will have huge successes and those who do not will be left behind wonder why no one is buying their products and/or services.

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Posted by jackspar on June 11, 2009 11:21 AM

Interesting,

I'll be watching to see if your predictions come true. One thing is for certain, printed media will be completely different in the near future.

Posted by Pro Bono on October 27, 2009 11:02 PM

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