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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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To: USFRIENDINVICTORIA

The death of newspapers isn't a murder, not even manslaughter - it is suicide.


21 posted on 08/24/2006 12:12:28 PM PDT by thoughtomator (There is no "Islamofascism" - there is only Islam)
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To: USFRIENDINVICTORIA
Hmmm.

You know something?

I take in an enormous amount of news compared to the average bear.

But I haven't watched news coverage outside of Fox News on tv for jeeze, but be 25 years now.

And I don't think I've picked up a newspaper for over 10 years.

I HATE network news. CNN sucks. MSNBC is stupid.

But Fox and FR and LGF and Foxnews.com and google news, and of course conservative radio shows and outlets like that provide me all the news I need. I get it from multiple sources so i can pretty well check who's got the agenda.

haven't watched network news since I saw the same AIDS scare as the top news story on all 3 networks. same story, just different people. Wasn't worth my time.

I'm ravenous for news, but not for other peoples crusades.

22 posted on 08/24/2006 1:10:19 PM PDT by HeartlandOfAmerica (Middle East Interactive Map: http://interneticsonline.com/MEMap.html)
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To: BluH2o
The NY Times will survive in some form but will never experience the prestige it once had ... that is over.

Maybe, but it won't be because of this lad. I won't even line the litter box with it, let alone read it.

Hell, I don't even go to their website to read the free stories, let alone register for their trash. I begrudge them even the single hit. :)

23 posted on 08/24/2006 1:15:34 PM PDT by HeartlandOfAmerica (Middle East Interactive Map: http://interneticsonline.com/MEMap.html)
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To: thoughtomator
*laugh* it's been a good day. Just read an article about the death of liberalism and now the death of major parts of the MSM.

Not bad for a days work. ;)

24 posted on 08/24/2006 1:17:20 PM PDT by HeartlandOfAmerica (Middle East Interactive Map: http://interneticsonline.com/MEMap.html)
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To: Alas Babylon!
Journalists used to tell us what happened, where it happened, when it happened, who it happened to, and how it happened.

Edward R. Murrow didn't.

25 posted on 08/24/2006 1:20:41 PM PDT by GOP_Raider (Would you like to join the OFFICIAL Oakland Raiders ping list? Sure you would, send me freepmail.)
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To: USFRIENDINVICTORIA

What is killing the newsrags? The same thing that is killing newsmags like The Economist: the inability to print the truth. The Economist is as big a culprit in the newslying as The Slimes and other far left dailies. They do nothing but print stories bashing Bush and Blair. And I used to subscribe to it.


26 posted on 08/24/2006 1:24:10 PM PDT by driftless2
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To: USFRIENDINVICTORIA

I know, I'm in the minority, but I've been getting my news online since about 1994/95ish... but did grow up reading newspapers, and I did resubscribe to our local paper a few years ago for business reasons, and even though they are online as well, I am glad I did.

I don't have time to read the paper every day, but I definately read MORE of the paper when I receive it in print form than I do from the web versions.

My local paper clearly has a liberal bias, the op ed pages are mind numbing to try to read through. However, I still read the paper, and can point out bias routinely, I still find it useful information...

I know, I know.. I'm in the minority... I don't have Cable, I rarely watch broadcast news other than PBS nightly broadcast which I do from time to time watch, and I read the newspaper fairly regularly, and get probably the bulk of my news online. And I'm far from retirement age... just shy of 35.

I think personally the death of the daily newspaper is overstated. Will it be what it once was? Never.. but the idea that it'll cease to exist is comical.

As long as there are bowel movements and bus rides, there will be people reading newspapers.


27 posted on 08/24/2006 1:32:28 PM PDT by HamiltonJay
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To: Lunatic Fringe
Newspapers will survive. Perhaps in a different form. I enjoy siting down with a cup of coffee and reading my 2 newspapers in the morning, even though politically I am 180 degrees apart from them. I am in my seventies and retired. If I was younger maybe I would not take the time to read them. I have always read a morning paper, even when working. Remember, they said the radio was doomed when TV first came in. It survived only in a different form. Change is inevitable and generally for the good. You just have to adjust to the change. Which at times may not be easy.
28 posted on 08/24/2006 1:50:19 PM PDT by Uncle Hal
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To: USFRIENDINVICTORIA
Nobody should relish the demise of once-great titles.

(waving hand wildly in the air...)

29 posted on 08/24/2006 2:00:15 PM PDT by Interesting Times (ABCNNBCBS -- yesterday's news.)
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To: Alas Babylon!

I sat through four years of journalism classes and can't seem to remember my professor (who was a liberal) telling me that my job was to "make a difference."
Another interesting point: I was taught that, when a criminal was at large, it's a newspaper's obligation to the public to include a detailed description of him or her. The liberal rag in New Orleans, the Times-Picayune, won't print the race of any wanted offender. You can guess why.


30 posted on 08/24/2006 2:10:33 PM PDT by travlnmn41
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To: USFRIENDINVICTORIA
The newspapers killed themselves. I subscribe to the New Hampshire Union Leader and the Investor's Business Daily because they are good newspapers who don't lie to me or deceive me with one set of facts. I no longer subscribe to the Boston Globe because they have no respect for working people. I have a free subscription to TIME but that's going soon. Thumbing through this week's edition they have a puff/propaganda piece on Senator Hiallary and New Orleans a year later implying George Bush is a Meany because even after $ 110 billion in aid, the layabouts in New Orleans are not yet whole.

Give me a good newspaper and I'll subscribe to it. Lie to me and advocate against my interests, I'll leave your newspaper on the store shelf.
31 posted on 08/24/2006 2:18:55 PM PDT by jackieaxe (Democrats are mired in a culture of screwing English speaking, taxpaying, law abiding citizens!)
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To: Uncle Hal
Remember, they said the radio was doomed when TV first came in. It survived only in a different form

Yes -- in the form of unlistenable crap.

32 posted on 08/24/2006 2:36:32 PM PDT by B-Chan (Catholic. Monarchist. Texan. Any questions?)
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To: Alas Babylon!
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!"

The article decrees, "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."

On the contrary: that is the moment when they began to believe their own hype. They swallowed the poison of Hubris, and have been dying since. All it took was an alternate source of news, a crack in the hegemony, and the edifice of artifice began to crumble.

33 posted on 08/24/2006 2:36:53 PM PDT by LexBaird (Another member of the Bush/Halliburton/Zionist/CIA/NWO/Illuminati conspiracy for global domination!)
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To: pissant

Brilliant idea!


34 posted on 08/24/2006 2:38:53 PM PDT by ladyinred (Leftists, the enemy within.)
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To: thoughtomator
The death of newspapers isn't a murder, not even manslaughter - it is suicide.

By the sewer they lived.
By the sewer they died.
Some said it was murder,
But it was sewer side.

35 posted on 08/24/2006 2:40:18 PM PDT by LexBaird (Another member of the Bush/Halliburton/Zionist/CIA/NWO/Illuminati conspiracy for global domination!)
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To: LexBaird
It is the height of hubris to think that learning the art of scribbling (as a Canadian columnist used to describe his job) somehow qualifies a person to say when, and how the world should be changed. We would be better served if journalists just followed the dictum of Sgt. Joe Friday: "Just the facts, please".
36 posted on 08/24/2006 3:25:27 PM PDT by USFRIENDINVICTORIA
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To: travlnmn41
I sat through four years of journalism classes and can't seem to remember my professor (who was a liberal) telling me that my job was to "make a difference."

That was then, this is now.





Of course, I may be wrongly accusing you of being old!

37 posted on 08/24/2006 3:36:51 PM PDT by Alas Babylon!
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To: B-Chan
Are you talking music radio, talk radio or both?

If you're of a mind, give satellite radio a look. They have commercial-free music of any type you can imagine; plenty of talk, both consevative and liberal; several sports stations; news; old-time radio theater and on and on. I'm listening to John Gibson's radio show on FOX News Talk (XM channel 168) right now. I have no experience with Sirius satellite radio so I can't vouch for them, but it's another option.

I've been a subscriber since January and I love it. My next investment is to buy one of those new satellite/MP3 devices that let you save your favorite songs for playback anytime. Even if you tune in when the song is almost over, it will save the entire song. They're about $400 now. I'm waiting a while for the price to drop.

You can check out XM here if you're interested. You can listen to some of the music programming online without subscribing, I believe.
38 posted on 08/24/2006 3:50:15 PM PDT by NorthWoody (A vote is like a rifle: its usefulness depends upon the character of the user. - Theodore Roosevelt)
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To: LexBaird

"edifice of artifice"

Now that is class. Only on FR! :-)


39 posted on 08/24/2006 3:54:02 PM PDT by NorthWoody (A vote is like a rifle: its usefulness depends upon the character of the user. - Theodore Roosevelt)
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To: NorthWoody

Well, thankee!


40 posted on 08/24/2006 4:00:08 PM PDT by LexBaird (Another member of the Bush/Halliburton/Zionist/CIA/NWO/Illuminati conspiracy for global domination!)
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