“... the Globes owner, John Henry, has complained about the cost of printing the paper at the Taunton printing plant that opened last June. In an email interview with the Business Journal in January, Henry said the company spends triple the industry average to print and produce a newspaper, and warned that if he cant rein in expenses, the Globe may end up being printed where costs are reasonable.” Dan Kennedy, a Northeastern journalism professor and the author of The Return of the Moguls: How Jeff Bezos and John Henry Are Remaking Newspapers for the Twenty-First Century, said it makes sense for the Globe to charge a lot for subscriptions. At $30 a month after discounts have expired, the newspapers digital prices are already more than the New York Times, the Washington Post “or anyone else that I know of, he said.
A dozen years ago I would have said that print would be gone by now, Kennedy said in an email. It lives on, and probably will stay that way for many years to come but not as a mass-market product. Print is becoming a niche product for people willing to pay for it.
But a large part of the Globe;s revenue still comes from advertising, and print ads continue to be much more valuable than online ones.”
I notice young people in new movies and TV shows reading newspapers and I wonder how many people that age actually do read them. I think the directors like the action or something.