Posted on 07/18/2007 10:05:02 PM PDT by freedomdefender
Edited on 07/19/2007 5:31:05 AM PDT by Admin Moderator. [history]
We knew it was bad, but an article in the Wall Street Journal today opens, "The downturn in the newspaper industry is getting worse."
The paper's Emily Steel quotes Ed Atorino, an analyst with financial broker Benchmark Co., saying, "Right now, you've got a perfect storm." He predicts total ad revenue will fall 4.3% this year, one of the steepest in history.
(Excerpt) Read more at editorandpublisher.com ...
Newspaper: A thin wrapper for copious amounts of advertising, containing what you read on the Internet yesterday. Plus a crossword puzzle that is actually fun to fill out with a writing implement.
Interestingly enough, tax revenues are down in Florida and apparently are also not hitting estimates in California. The California numbers I have seen bandied about were down only some $800 million on a budget of some $140 billion. Florida I believe is seeing a harder crunch, with estimates that perhaps $1 billion down on a $70 billion budget. (California budget article here; Florida budget article here.)
Our local papers contain:
1)- agitprop, disguised as news from the wire services
2)- shilling for the school board, which always needs more tax money, "for the children..."
3)- tons of advertising, for things most people don't need- or want, until the ads create a need...
Cant wait to dance on the NY Times grave...
>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>
Are you sure you only want to dance on it?
The Detroit Free Press employs the pablum pukers that didn’t get jobs at the N.Y. Slimes. Their motto: All the s#it that’s fit to print.
These morons don't realize that if I want to buy a house, I go online to see details and multiple interior and exterior shots of all the houses I'm interested in. Even the 'for sale by owner' houses can be found online. Why would I want to look for a house by reading a few lines (no pictures) in the paper?
There has been no mention about the cost of ads. I know that our local paper charges an arm and a leg for a small ad. I’m curious whether the papers are driving away advertisers by raising their rates to offset the loss in the number of ads.
Just asking....how do you wrap fish in the internet?
FR’s mission will never be accomplished until the Right utterly destroys the old Gray Whore.
No, no, no!!! You have it all wrong, FRiend! You CATCH fish in the internet, but because they're electronic they are best consumed immediately, hence no need for the fishwrap papers at all! ;-P
If you catch a liberalfish, though, it can make you hURL! (Or at least flush your buffer)
Newspapers must be saved. For the puppies !!!!
( What else will they pee on ? )
Good one! I had heard of the Slimes papers, but not of the Washington Compost! lol!
1)- agitprop, disguised as news from the wire services
2)- shilling for the school board, which always needs more tax money, "for the children..."
3)- tons of advertising, for things most people don't need- or want, until the ads create a need...
4)- Letters to the editor blasting President Bush and Republicans.
5)- Letters to the editor blaming President Bush and Republicans for any and all bad things happening.
4)- Letters to the editor blasting President Bush and Republicans.
5)- Letters to the editor blaming President Bush and Republicans for any and all bad things happening.
I forgot those “The Source of All Known Evil” letters- thanks for the reminder...
The title of this thread made my day and also made me smile. I look forward to the day when all these liberal papers go the way of the buggy whip and horse drawn carriage.
Newspapers and TV news - One way mediums in a two-way world.
The problem with the print media is that people can use the internet and cable TV to get their news. And the younger generation is moving away from the print media because they have grown up with the new technology. Newspaper readers are older and they are dying out.
The newspapers are also torn between how they use their ad revenue, i.e., on the internet for their online edition or in the printed version. In some ways, the demise of the print media is not a good thing. Newspapers are a good vehicle to educate the public on issues in-depth. They also have the advantage of portability, but wireless technology is even competing with that.
The future of print newspapers is bleak.
“The future of print newspapers is bleak.”
I imagine the town cryer’s union went through a similar transition.
Along with the buggy whip industry.
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