[hinckley buzzard]

About five years ago Rupert Murdoch addressed the American Society of Newspaper Editors (ASNE) convention. He advised them that if they wanted to make money in the newspaper business, they should concentrate on local and county wide newspapers. They make money. The monster flagships, well, the facts speak for themselves.

Around here, we have reasonably good quality, entertaining, informative local papers, tabloid format, which are distributed FREE and make ALL their revenue off advertising.

So what's so hard about the newspaper bidness?

[RayChuang88]

About five years ago Rupert Murdoch addressed the American Society of Newspaper Editors (ASNE) convention. He advised them that if they wanted to make money in the newspaper business, they should concentrate on local and county wide newspapers. They make money. The monster flagships, well, the facts speak for themselves.

Go read Alvin Toffler's The Third Wave. Written from the 1980 perspective (the year it was published), one chapter from that book, "De-Massifying the Media," has become one of the most prophetic things I've ever read. Thanks especially to the modern public Internet, we're getting the news faster than even the wire services! And with modern "smart" cellphones, people can post videos (with sound!) on YouTube, Vimeo, and other video sites very quickly. In short, it's the most dramatic change in communications since Gutenberg invented the hot-metal movable-type printing press in the 1450's.