Do you think Scott might acknowledge that hedge funds have for many years been buying up newspapers and then slashing staff with no regard to what it does to the quality of the paper? https://www.institutionalinvestor.com/article/b17xgx6r4hltwn/when-hedge-funds-try-journalism Nah, it must be the fault of all them new-fangled digital thingamabobs.
The fact is, print is an enormous expense. People don’t read print newspapers because it’s just not as convenient of a format, particularly since it has no permanence, but is just thrown out every day.
If I ran a newspaper, I’d have print for subscribers only, upon request. And the website would include a local advertising section – like newspapers have – which people would click on if they’re actually LOOKING for ads.
Hafta say also that I miss having different voices. I once upon a time lived in a town that had two newspapers, one a morning edition and a liberal bent, the other an afternoon edition, and a conservative leaning. You could pick which one you wanted to read – or both! As conglomerates bought up the locals, available differences of opinion in print withered.
The online news may be available 24/7, but most of the content stays the same for several days. A few of the more ambitious ones might give very brief bullet points of breaking news from time to time.
Christopher Shea over 4 years ago
Do you think Scott might acknowledge that hedge funds have for many years been buying up newspapers and then slashing staff with no regard to what it does to the quality of the paper? https://www.institutionalinvestor.com/article/b17xgx6r4hltwn/when-hedge-funds-try-journalism Nah, it must be the fault of all them new-fangled digital thingamabobs.
kaffekup over 4 years ago
It is a business model; cut content and raise the price.
braindead Premium Member over 4 years ago
As kaffekup says:
You buy it.
You cut expenses (content and staff).
Increase profits.
Sell, before the inevitable downturn.
Ignatz Premium Member over 4 years ago
The fact is, print is an enormous expense. People don’t read print newspapers because it’s just not as convenient of a format, particularly since it has no permanence, but is just thrown out every day.
If I ran a newspaper, I’d have print for subscribers only, upon request. And the website would include a local advertising section – like newspapers have – which people would click on if they’re actually LOOKING for ads.
Kip W over 4 years ago
Do we ever see Carmen or Winslow looking at a newspaper, or is that something they’re only thinking they wouldn’t mind doing now that it’s gone?
jmays831 over 4 years ago
Wish more comics still did the 9/11 strips….
Bookworm over 4 years ago
“Sound business model”? Is that akin to the “principle is sound” of supply-side economics?
Holden Awn over 4 years ago
Hafta say also that I miss having different voices. I once upon a time lived in a town that had two newspapers, one a morning edition and a liberal bent, the other an afternoon edition, and a conservative leaning. You could pick which one you wanted to read – or both! As conglomerates bought up the locals, available differences of opinion in print withered.
kentmarx36 over 4 years ago
The online news may be available 24/7, but most of the content stays the same for several days. A few of the more ambitious ones might give very brief bullet points of breaking news from time to time.