Posted on 11/01/2005 8:11:22 PM PST by Only Waxing
“IT'S OFFICIAL: 2005 WILL BE the newspaper industry's worst year since the last ad industry recession.”
So began an article from yesterday’s Media Daily News.
“‘Sadly, 2005 is shaping up as the industry's worst year from a revenue growth perspective since the recession impacted 2001-2002 period,’ says the report from Goldman Sachs, adding a warning that meaningful growth in 2006 is ‘very unlikely.’"
The problem? Ad revenues, which continue to grow by a meager 1 percent nationally. By contrast, online newspaper revenues are forecast to grow by 25 percent next year.
(Excerpt) Read more at newsbusters.org ...
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"Print is dead... Get over it."-- John Squires, President, Sports Illustrated, Nov. 2004 quoted in the Washington Post 2-20-2005 "...the notion of a neutral, non-partisan mainstream press was, to me at least, worth holding onto. Now it's pretty much dead, at least as the public sees things." -- Howard Fineman, "The 'Media Party' is over" MSNBC, 1-11-05 "...the mainstream media's monopoly on information is over." --Peggy Noonan, WSJ, Jan. 13, 2005 "Sept. 9, 2004, will be remembered as a paradigm-shifting day in media history. That was the day the 'blogosphere' took down CBS News" -- James Pinkerton, Newsday, Sept. 14, 2004 "The New York Times’ account of the [CNN chief] Eason Jordan resignation provides a general recap of the story they didn’t cover, along with a good dose of excuses and justifications ..." -- Lorie Byrd, Polipundit, 2-12-2005 "The New York Times, CBS and the BBC all had to fire lead personnel over the fact that they just damn well made stuff up out of whole cloth in service to an obviously partisan political agenda."-- New Sisyphus, 3-15-05 "The media can now wistfully reflect on their glory days of the 1970's when the majority of people actually bought into their bullshit."-- Laura K. Van Onymous "Newspapers do have a few things going for them....you can't line the bird cage with the Internet or wrap fish in a cable news channel." -- Neal Boortz |
It is not "Stealing" when you earn it.
3.8% GDP growth and the Dinasour Media LOSES ground! HAAAAAAAAAAAAA! Merry Alitomas Democrats.
I was appreciative of the nationally-known, syndicated columnists' writings on the editorial page. Now when I get the DMN, syndicated columnists are few and far between.
Reporters focus on low-interest human interest stories rather than on the news. By the time the DMN comes out, I've already read all the news that's of interest to me, along with a lot of associated commentary from being on-line.
also, about 80% of the bulk of the paper is advertising that I'm not the least bit interested in. This goes immediately to the recycle bin without my even looking at it.
And there's another thing. I get up early so I can read the paper before I have to go to work. 2/3 of the time, it isn't delivered until it's time for me to leave. And by the time I get home at night, the printed news is ancient history. It seems like I'm subscribing only to read the comics.
Uh uh. They threw them away with their biased, arrogant, fact-free content.
And then they blame the folks who picked up and made use of what they threw away.
Stealing?
Sounds more like...choice!
I thought choice was good.
Boy, that just breaks my heart.
The internet is becoming just like talk radio. Dominated by the right.
"We report, you decide" is a pretty good motto. :-}
That relaxing habit went from a comforting act to anger at the blatant one sided presentation of the news and then eventually, you just stopped doing something you'd done everyday for years because it simply wasn't worth it.
The big losers are the stockholders, they really should have put a stop to the crap years ago, so I don't feel especially sorry for them.
Only if you agree with them.
As a result, Americans are nowadays very skeptical of the MSM and that explains why the old-line newspapers, TV channels, and newsweeklies are suffering circulation losses.
Because both the Internet and Talk Radio require THOUGHT where the Hysteric Left can only emote.
I still enjoy reading the newspaper...but half the time I read it for free at the library or coffee shop.
LOL... The best laugh I've had in a week!
Howard Fineman, When exactly did this "neutral, non-partisan mainstream press" exist? Certainly not in the last fifty years.
Gonna be a lot of unemployed "journalist's" out there:)
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