Sunday, December 21, 2008

More re support your local newspaper(s)

Excerpted from the New Yorker, Dec. 22, 2008. "News You Can Lose" by James Surowiecki


"Newspaper readership has been slowly dropping for decades—as a percentage of the population, newspapers have about half as many subscribers as they did four decades ago—but the Internet helped turn that slow puncture into a blowout. Papers now seem to be the equivalent of the railroads at the start of the twentieth century—a once-great business eclipsed by a new technology...

"Does that mean newspapers are doomed? Not necessarily. There are many possible futures one can imagine for them, from becoming foundation-run nonprofits to relying on reader donations to that old standby the deep-pocketed patron. It's even possible that a few papers will be able to earn enough money online to make the traditional ad-supported strategy work.

But it would not be shocking if, sometime soon, there were big American cities that had no local newspaper; more important, we're almost sure to see a sharp decline in the volume and variety of content that newspapers collectively produce."

http://www.newyorker.com/talk/financial/2008/12/22/081222ta_talk_surowiecki