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Who killed the newspaper?
The Economist ^ | Aug 24th 2006 | Not Named

Posted on 08/24/2006 11:00:11 AM PDT by USFRIENDINVICTORIA

The most useful bit of the media is disappearing. A cause for concern, but not for panic

“A GOOD newspaper, I suppose, is a nation talking to itself,” mused Arthur Miller in 1961. A decade later, two reporters from the Washington Post wrote a series of articles that brought down President Nixon and the status of print journalism soared. At their best, newspapers hold governments and companies to account. They usually set the news agenda for the rest of the media. But in the rich world newspapers are now an endangered species. The business of selling words to readers and selling readers to advertisers, which has sustained their role in society, is falling apart (see article).

Of all the “old” media, newspapers have the most to lose from the internet. Circulation has been falling in America, western Europe, Latin America, Australia and New Zealand for decades (elsewhere, sales are rising). But in the past few years the web has hastened the decline. In his book “The Vanishing Newspaper”, Philip Meyer calculates that the first quarter of 2043 will be the moment when newsprint dies in America as the last exhausted reader tosses aside the last crumpled edition. That sort of extrapolation would have produced a harrumph from a Beaverbrook or a Hearst, but even the most cynical news baron could not dismiss the way that ever more young people are getting their news online. Britons aged between 15 and 24 say they spend almost 30% less time reading national newspapers once they start using the web.

Up to a podcast, Lord Copper? Advertising is following readers out of the door. The rush is almost unseemly, largely because the internet is a seductive medium that supposedly matches buyers with sellers and proves to advertisers that their money is well spent. Classified ads, in particular, are quickly shifting online. Rupert Murdoch, the Beaverbrook of our age, once described them as the industry's rivers of gold—but, as he said last year, “Sometimes rivers dry up.” In Switzerland and the Netherlands newspapers have lost half their classified advertising to the internet.

Newspapers have not yet started to shut down in large numbers, but it is only a matter of time. Over the next few decades half the rich world's general papers may fold. Jobs are already disappearing. According to the Newspaper Association of America, the number of people employed in the industry fell by 18% between 1990 and 2004. Tumbling shares of listed newspaper firms have prompted fury from investors. In 2005 a group of shareholders in Knight Ridder, the owner of several big American dailies, got the firm to sell its papers and thus end a 114-year history. This year Morgan Stanley, an investment bank, attacked the New York Times Company, the most august journalistic institution of all, because its share price had fallen by nearly half in four years.

Having ignored reality for years, newspapers are at last doing something. In order to cut costs, they are already spending less on journalism. Many are also trying to attract younger readers by shifting the mix of their stories towards entertainment, lifestyle and subjects that may seem more relevant to people's daily lives than international affairs and politics are. They are trying to create new businesses on- and offline. And they are investing in free daily papers, which do not use up any of their meagre editorial resources on uncovering political corruption or corporate fraud. So far, this fit of activity looks unlikely to save many of them. Even if it does, it bodes ill for the public role of the Fourth Estate.

Getting away with murder In future, as newspapers fade and change, will politicians therefore burgle their opponents' offices with impunity, and corporate villains whoop as they trample over their victims? Journalism schools and think-tanks, especially in America, are worried about the effect of a crumbling Fourth Estate. Are today's news organisations “up to the task of sustaining the informed citizenry on which democracy depends?” asked a recent report about newspapers from the Carnegie Corporation of New York, a charitable research foundation.

Nobody should relish the demise of once-great titles. But the decline of newspapers will not be as harmful to society as some fear. Democracy, remember, has already survived the huge television-led decline in circulation since the 1950s. It has survived as readers have shunned papers and papers have shunned what was in stuffier times thought of as serious news. And it will surely survive the decline to come.

That is partly because a few titles that invest in the kind of investigative stories which often benefit society the most are in a good position to survive, as long as their owners do a competent job of adjusting to changing circumstances. Publications like the New York Times and the Wall Street Journal should be able to put up the price of their journalism to compensate for advertising revenues lost to the internet—especially as they cater to a more global readership. As with many industries, it is those in the middle—neither highbrow, nor entertainingly populist—that are likeliest to fall by the wayside.

The usefulness of the press goes much wider than investigating abuses or even spreading general news; it lies in holding governments to account—trying them in the court of public opinion. The internet has expanded this court. Anyone looking for information has never been better equipped. People no longer have to trust a handful of national papers or, worse, their local city paper. News-aggregation sites such as Google News draw together sources from around the world. The website of Britain's Guardian now has nearly half as many readers in America as it does at home.

In addition, a new force of “citizen” journalists and bloggers is itching to hold politicians to account. The web has opened the closed world of professional editors and reporters to anyone with a keyboard and an internet connection. Several companies have been chastened by amateur postings—of flames erupting from Dell's laptops or of cable-TV repairmen asleep on the sofa. Each blogger is capable of bias and slander, but, taken as a group, bloggers offer the searcher after truth boundless material to chew over. Of course, the internet panders to closed minds; but so has much of the press.

For hard-news reporting—as opposed to comment—the results of net journalism have admittedly been limited. Most bloggers operate from their armchairs, not the frontline, and citizen journalists tend to stick to local matters. But it is still early days. New online models will spring up as papers retreat. One non-profit group, NewAssignment.Net, plans to combine the work of amateurs and professionals to produce investigative stories on the internet. Aptly, $10,000 of cash for the project has come from Craig Newmark, of Craigslist, a group of free classified-advertisement websites that has probably done more than anything to destroy newspapers' income.

In future, argues Carnegie, some high-quality journalism will also be backed by non-profit organisations. Already, a few respected news organisations sustain themselves that way—including the Guardian, the Christian Science Monitor and National Public Radio. An elite group of serious newspapers available everywhere online, independent journalism backed by charities, thousands of fired-up bloggers and well-informed citizen journalists: there is every sign that Arthur Miller's national conversation will be louder than ever.


TOPICS: Business/Economy; Culture/Society; Miscellaneous
KEYWORDS: bias; bloggers; dinosaurmedia; internet; journalism; liberalmedia; msm; msmwoes; newspapers
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This is a pretty comprehensive look at the future of newspapers. Although some FReepers will disagree with the premise in the first paragraph; I think that (prior to the Internet) it's true. TV is too glib and focused on the entertainment value of news. Radio is too ephemeral. Movies are an entertainment medium -- the recent eruption of crockumentaries only underscores this. Movies are good for propaganda -- not for enlightenment. The era of the movie news reel is over.

Of course, the notion that newspapers are the most useful bit of the media is to be expected from a newspaper article. (Despite being published weekly in a newsmagazine format, The Economist considers itself a newspaper, not a magazine. Don't ask me what the difference is.)

NewAssignment.Net sounds like a significant development -- I wonder whether it will allow equal access to conservatives and liberals, or whether it will be even more biased than most MSM newspapers.

1 posted on 08/24/2006 11:00:13 AM PDT by USFRIENDINVICTORIA
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To: USFRIENDINVICTORIA
Who killed the newspaper?

Why, it was the inventor of the Internet who killed the newspaper!

2 posted on 08/24/2006 11:01:44 AM PDT by Lunatic Fringe (Man Law: You Poke It, You Own It)
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To: USFRIENDINVICTORIA
The fishwraps aren't the only thing that's dying out ...

Photobucket - Video and Image Hosting

3 posted on 08/24/2006 11:03:09 AM PDT by tx_eggman (The people who work for me wear the dog collars. It's good to be king. - ccmay)
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To: USFRIENDINVICTORIA

Related...

More media, less news
http://economist.com/business/displaystory.cfm?story_id=7827135


4 posted on 08/24/2006 11:04:00 AM PDT by abb (The Dinosaur Media: A One-Way Medium in a Two-Way World)
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To: USFRIENDINVICTORIA

It was suicide.


5 posted on 08/24/2006 11:04:19 AM PDT by LIConFem (Just opened a new seafood restaurant in Great Britain, called "Squid Pro Quid")
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To: USFRIENDINVICTORIA

Whoever kills the MSM papers, deserves a Nobel prize.


6 posted on 08/24/2006 11:06:58 AM PDT by pissant
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There aren't really print journalists anymore - if there ever was.

There are only editorialists and naive reporters with no real experience and no education except grammar, spelling and liberalism.

They only survived as a monopoly which no longer exists.


7 posted on 08/24/2006 11:08:12 AM PDT by D-fendr
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To: abb

IBTP!


8 posted on 08/24/2006 11:10:19 AM PDT by SaxxonWoods (Free Iran! WARNING! Forbidden Cartoon: .. . *-O(( :-{>. . . .)
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To: USFRIENDINVICTORIA
This year Morgan Stanley, an investment bank, attacked the New York Times Company, the most august journalistic institution of all, because its share price had fallen by nearly half in four years.

Not anymore, and frankly not for some time now. The NY Times went over to the dark side around 1994, during Clinton's first term. Their bias and arrogance began the decline, it's only a matter of time before 'Pinch' Sulzberger, and others, high up on the NY Times masthead are gone. The NY Times will survive in some form but will never experience the prestige it once had ... that is over.

9 posted on 08/24/2006 11:12:50 AM PDT by BluH2o
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To: USFRIENDINVICTORIA; All
Well, to give admittedly anecdotal perspective, I dropped the local paper in 1999.

Even then, it was 80% ads for stuff I mostly didn't care about, and a mouthpiece for the School Board/County Commissioners. ( hint: they never have enough ( tax ) money. For the Children... )

10 posted on 08/24/2006 11:15:54 AM PDT by backhoe (-30-)
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To: USFRIENDINVICTORIA

Rush Limbaugh explains it best:

You go to any large journalism school and ask one of the students why they want to be a journalist and they'll inevitably say, "Because I want to make a difference! I want to change the world!"

Well that's wrong! Journalists used to tell us what happened, where it happened, when it happened, who it happened to, and how it happened. Want to change the world? Join a religious order or run for office. Volunteer for something. But this idea that journalism is about changing the world and making a difference is poppycock! And it's leading to journalism's decline.


11 posted on 08/24/2006 11:19:08 AM PDT by Alas Babylon!
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To: USFRIENDINVICTORIA

"Having ignored reality for years, newspapers are at last doing something. In order to cut costs, they are already spending less on journalism."

The newspapers started killing themselves decades ago when they replaced journalism with leftist propaganda.


12 posted on 08/24/2006 11:19:38 AM PDT by BadAndy ("Loud mouth internet Rambo")
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To: LIConFem

My thoughts exactly.


13 posted on 08/24/2006 11:20:49 AM PDT by iceskater (One person's mess is another person's filing system.)
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To: USFRIENDINVICTORIA
Of course, the internet panders to closed minds;

No media bias here.

14 posted on 08/24/2006 11:21:51 AM PDT by The Truth Will Make You Free
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To: USFRIENDINVICTORIA

Propagandists masquerading as journalists - killed themselves


15 posted on 08/24/2006 11:23:12 AM PDT by Lexington Green (Peace Through Victory)
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To: USFRIENDINVICTORIA
Are today's news organisations “up to the task of sustaining the informed citizenry on which democracy depends?” asked a recent report about newspapers from the Carnegie Corporation of New York, a charitable research foundation.

If one is to judge by the output of the New York Times -- who are committed to promoting an agenda rather than "informing the citizenry" -- the answer is a deafening "NO!"

In future, argues Carnegie, some high-quality journalism will also be backed by non-profit organisations.

A very bad outcome. Inasmuch as non-profit organisations tend be a.) very wealthy, b.) unaccountable and c.) devoted to the leftist agenda.

16 posted on 08/24/2006 11:30:30 AM PDT by okie01 (The Mainstream Media: IGNORANCE ON PARADE)
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To: BluH2o

The NY Times was slime back during WWII. It has always been a Marxist rag sheet and will be to the day its doors are closed down and it press facilities converted into childs party centers.


17 posted on 08/24/2006 11:35:46 AM PDT by EQAndyBuzz ("If you liked what Liberal Leadership did for Israel, you'll LOVE what it can do for America!")
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To: Alas Babylon!
Winston Churchill describing the battle of Omdurman,September 1, 1898.

"I DO not doubt that the reader is as anxious to see the walls of Omdurman and to come to the end of the affair, as were the army on the morning of the 1st of September.

Whether this is because I have interested him in the impending battle, or wearied him with the monotonies of the march, I shall not presume to inquire.

But he shall at any rate start at once with the cavalry, nor will I palter with tales of how the chilled soldiers warmed themselves before the fires that lighted the camp and cooked the breakfasts of a hurried meal; of carbines, rusted by the rain, swabbed with oil to make their bolts slide; of weary horses once more saddled---lame, girth-galled, or sore-backed notwithstanding; of great masses of brown-clad, armed men forming silently under the stars, while the light grew gently in the east. These are impressions he must some day gather for himself or forgo for ever.

The British and Egyptian cavalry, supported by the Camel Corps and Horse Artillery, trotted out rapidly, and soon interposed a distance of eight miles between them and the army. As before, the 21st Lancers were on the left nearest the river, and the Khedival squadrons curved backwards in a wide half-moon to protect the right flank.


While we were moving off, the gunboat flotilla was seen to be in motion. The white boats began to ascend the stream leisurely. Yet their array was significant. Hitherto they had moved at long and indefinite intervals---one following, perhaps a mile, or even two miles, behind the other. Now a regular distance of about 300 yards was observed. Our orders were to reconnoiter Omdurman; their task to bombard it.

We had not accomplished more than a mile, when about a hundred enormous vultures joined us, and henceforth they accompanied the 21st Lancers, flying or waddling lazily from bush to bush, and always looking back at the horsemen.


Throughout the Sudan it is believed that this portends ill-fortune, and that the troops over which vultures circle will suffer heavy losses. Although the ominous nature of the event was not known to us, officers and men alike were struck by the strange and unusual occurrence; and it was freely asserted that these birds of prey knew that two armies were approaching each other, and that this meant a battle, and hence a feast.


It would be difficult to assign limitations to the possibilities of instinct. The sceptic must at least admit that the vultures guessed aright, even if they did not know. Yet we thought them wrong, when we found the steep Kerreri Hills abandoned and the little Dervish camp, which had been shelled the day before, deserted and solitary.


The regiment halted at the foot of the Kerreri Hills as soon as it was known these were deserted. The scouts, Colonel Martin and a few other officers, ascended, taking signalers with them. We waited, eating some breakfast. Then presently a message was sent down which filled us all with curiosity to look over the crest. The signal-flag wagged tirelessly, and we spelt out the following words: "Khartoum in sight." More than thirteen years had passed since an Englishman could have said that with truth."

Nowadays, there are no reporters, only opinion scribblers.
18 posted on 08/24/2006 11:59:15 AM PDT by managusta (corruptissima republica plurimae leges)
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To: D-fendr

Leftist editors, ignorant leftist reporters, and biased leftist news services (AP) killed their own golden goose by their own stupidity.


19 posted on 08/24/2006 12:00:50 PM PDT by ozzymandus
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To: USFRIENDINVICTORIA

The newspapers did because they won't report news.

Barrett Report anyone???


20 posted on 08/24/2006 12:03:46 PM PDT by <1/1,000,000th%
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