Posted on 04/22/2020 4:19:00 AM PDT by Bruiser 10
It’s an ill wind, they say, that blows no good. Even the coronavirus can produce a heartwarming story or two. The Guardian reports on the dire state of the U.S. newspaper industry:
Media outlets across the US have already responded to a huge drop in advertising triggered by the economic shutdown by sacking scores of employees. Some newspapers, just as demand is at its highest, have stopped printing – reverting to a digital-only operation that is just as vulnerable to the whims of advertisers.
The decrease in advertising was swift, as businesses tightened spending due to the economic impact of Covid-19. For a journalism industry already barely scraping by, the impact was almost immediate. *** Penny Abernathy, the Knight chair in journalism and digital media economics at the University of North Carolina, predicts a swath of newspapers and websites will close.
“I think there’ll be hundreds, not dozens,” Abernathy said.
Of course, the American newspaper industry was on the ropes before the current advertising slump. This is a striking fact:
Gannett, the largest local newspaper owner in the US, has lost a scarcely believable 94% of its value since August 2019, much of that loss coming since mid-February.
(Excerpt) Read more at powerlineblog.com ...
Most newspapers are owned by big socialist corporations and they all say what the Party wants them to say. There haven’t been “independent newspapers” in a long time.
In the 1990s I subscribed to the WSJ and on Sundays I bought both the NYT and the Boston Globe. I thoroughly enjoyed reading newspapers. I used to work for one from 1983 to 1995.
I was always willing to put up with some Liberal bias. It was there in the 90s but I found it tolerable. But it got worse and worse. I’m not sure, but I think I have not purchased a newspaper in 10 years now. They are unreadable to me. Naked partisanship and lies. The whole industry should be shuttered.
The MSM gleefully latching on to the corona virus and engineering the destruction of the economy as the means to destroy Orange Man Bad forgot to consider they are reliant on the economy for their own survival.
The torpedoes the MSM launched have circled back.
The printed propaganda arm of the dnc is suffering.
Schadefreunde baby!
No Bird Cage Liners!?!
.
The Horror,
The Horror.
Noticed a huge drop in mail advertising. Grocery store add 1 double sheet, crap on sale, soda, chips, cookies, no specials, no sale on cleaning supplies rise in milk, cheese, meat. Look at meat section chicken is what you find, but little eggs, even disposable diapers are limited.
Good time for DIL to potty train our 2 /2 yr old grand daughter, now she’s taking online courses.
Right now I can’t really get excited about anybody losing their jobs. There are lot of people who are involved in putting out the printed newspaper who have nothing to do with the content.
My mother still loves to spend a whole morning reading the newspaper. That generation is leaving us. They size each other up based on which paper they read.
That was about the same time I got a belly full of all the stuff..
I remember that it was Connie Chung with her lying, two faced, whinny, weaselly way of news casting the drove me around the bend... And the local guy, Tim Irr, was (is) just as bad.. I haven't watched the news on the networks for years..
Liberalism, Progressives, Feminism and Communism.. It's all the same old crap, and that's exactly what the networks sell 24/7... (spit)
This is just accelerating the inevitable. Nobody under 30 reads a print newspaper and even those that read online skew towards the over fifties, The only ones that are going to survive are the free local papers which get by on advertising revenue alone and many of those will fold.(pun intended)
UK papers are a good read more info there than here in the fake news Inc.
Our Sunday paper (the only printed one we get as we still like to lounge on Sunday AM) has become light as a feather.
Few ads, nothing but COVID 19 coverage, not much else.
The only part still the same is the funny papers (and a number of strips are now all about COVID).
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.