save the newspapers
Post on 19-Oct-2014
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A proposal to save newspapers by charging for online contentTRANSCRIPT
SAVE THE NEWSPAPERSA modest proposal by Stewart Jude
Times are tough for newspapers.
Tucson Citizen Rocky Mountain News Baltimore Examiner Kentucky Post Cincinnati Post King County Journal Union City Register-Tribun
e Halifax Daily News Albuquerque Tribune South Idaho Press San Juan Star
Papers that have ‘died’since 2007
Challenges for Newspapers
Newsprint costs have been up. Income is down. Classified ads have continued
movingto the Internet.
People are changing how they get news.
Traditional local ad buyers, like car dealers, are spending much less.
The future of print will depend on three major variables: • consumer demand• the health of the economy• the future appetite among marketers for newspaper advertising.
Journalism professor on the future of news Collapse … Transformation … Renewal
WE’RE SEEING COLLAPSE.HOW DO WE GET TO TRANSFORMATION AND RENEWAL?
Internet use continues to rise.
Reasons News is Going Digital Readers’ habits
Short, sharp, accessed on the go Cost of production
Online reaches more people for less cost
SpeedWhich stories in print happened TODAY?
CollaborationComments, interaction, communities
MeasurabilityPrecise metrics on use
Newspapers must follow their audience,but online revenue isn’t keeping up.
New York Times Audience and Revenue (2007)Online unique users (12 month average): 13,372,000Print circulation – weekday: 1,120,420Print circulation – Sunday: 1,627,062Total advertising revenue: $483,594,000Online advertising revenue: $51,000,000
Online is about 90% of audience,but about 10% of advertising revenue.
THE SOLUTION? CHARGE MODEST FEES FOR ACCESS TO ONLINE NEWS.
The New York Times
Leads the Way.
If we want reliable
online news,we have to pay for reporters and editors.
News, whether online or in
print, has value!