save the newspapers

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SAVE THE NEWSPAPERS A modest proposal by Stewart Jude

Post on 19-Oct-2014

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A proposal to save newspapers by charging for online content

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Page 1: Save the Newspapers

SAVE THE NEWSPAPERSA modest proposal by Stewart Jude

Page 2: Save the Newspapers

Times are tough for newspapers.

Page 4: Save the Newspapers

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.

Page 5: Save the Newspapers

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.

Page 6: Save the Newspapers

Journalism professor on the future of news Collapse … Transformation … Renewal

Page 7: Save the Newspapers

WE’RE SEEING COLLAPSE.HOW DO WE GET TO TRANSFORMATION AND RENEWAL?

Page 8: Save the Newspapers

Internet use continues to rise.

Page 9: Save the Newspapers

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

Page 10: Save the Newspapers

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.

Page 11: Save the Newspapers

THE SOLUTION? CHARGE MODEST FEES FOR ACCESS TO ONLINE NEWS.

Page 12: Save the Newspapers

The New York Times

Leads the Way.

Page 13: Save the Newspapers

If we want reliable

online news,we have to pay for reporters and editors.

News, whether online or in

print, has value!