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Pass the tote bag: Why young readers are now willing to pay for old-guard news
The Christian Science Monitor ^ | October 31, 2017 | Harry Bruinius - Staff Writer

Posted on 10/31/2017 11:24:53 AM PDT by Jagermonster

SHIFT IN THOUGHT   Millennials have been subscribing to online news outlets in numbers three times greater than any other group, a study found. Those interviewed say their decision to pay goes beyond civic philanthropy.

NEW YORK—Nearly every day during the routine clatter and bustle of her subway commute earlier this year, Shand Thomas began to notice more of her fellow riders shouldering The New Yorker magazine’s beige and black-emblazoned tote.

Then she began to see people walking around with the literary magazine’s shoulder bag – a promotion offered only to subscribers. And when a number of her friends began to complain that it would take six to eight weeks to get their hands on one of these canvas accessories, she knew it was a thing.

“I thought their frustration at the wait for a free bag was funny,” says Ms. Thomas, a 24-year-old freelance writer and editor in Brooklyn. So she wrote a piece of satire gently poking fun at this unlikely New York fashion trend.

Behind her wit, however, her piece hinted at something more than an ironic canvas cachet. As her 20-something friends were clamoring for what she called “the white whale of beige accessories,” they were also signing up for new subscriptions – which came with “the added bonus of being seemingly philanthropic about print journalism.”

It’s a wry observation, and for many within the cash-strapped Fourth Estate, the fact that people might pay for journalism as a kind of civic charity only underscores the depth of the industry’s financial funk.

This past year, a host of left-leaning Americans have been signing up for new subscriptions to the nation’s beleaguered press, berated almost every week as “fake news” by the United States president. And, indeed, nearly 30 percent of those ...

(Excerpt) Read more at csmonitor.com ...


TOPICS: Business/Economy; Culture/Society
KEYWORDS: dinosaurmedia
Excerpted per rules.

"It’s been called a 'Trump bump . . . '" President Trump is even good for the business of news media.

1 posted on 10/31/2017 11:24:53 AM PDT by Jagermonster
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To: Jagermonster

Last gasp, thankfully.


2 posted on 10/31/2017 11:45:07 AM PDT by oldplayer
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To: Jagermonster

I wouldn’t want to depend on this as a business strategy — “People will subscribe to us out of pity because we totally suck and no one respects our product.”

Not a good path to long-term prosperity, I think.


3 posted on 10/31/2017 12:02:13 PM PDT by ClearCase_guy (Benedict McCain is the worst traitor ever to wear the uniform of the US military.)
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To: Jagermonster

the really sad part about it is that their “truth” is only what they learned in college and throughout their communist indoctrination in public school. Not having a moral base will just get them to sink deeper into the quagmire of fake news.

“So I find it irresponsible to place this intense distrust on traditional media, especially when there is actual bogus stuff all over the place,” Ms. Lucas continues. “It’s made me value trustworthy sources even more than before.”

“She adds that the need to pursue fact from fiction has become “calls to action for myself and some of my peers. We need good journalism and truth-seekers now more than ever.”


4 posted on 10/31/2017 12:08:13 PM PDT by huldah1776 ( Vote Pro-life! Allow God to bless America before He avenges the death of the innocent.)
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To: Jagermonster

Well, it looks like Trump can write off getting the snobby Manhattan vote next time around. Worst thing since the New York Post proclaimed that Roy Moore is unworthy of election to the Senate.


5 posted on 10/31/2017 12:09:54 PM PDT by Dr. Sivana (There is no salvation in politics.)
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To: Jagermonster

An entire article about surging subscription numbers and, for the life of me, I can’t find any hard subscription numbers. I see poll numbers, anecdotes, and percentages, but no total subscription numbers. Hmmm...


6 posted on 10/31/2017 12:18:43 PM PDT by BookmanTheJanitor
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To: Jagermonster

The article’s writer: https://media.licdn.com/mpr/mpr/shrinknp_200_200/AAEAAQAAAAAAAAsFAAAAJDEwODJiYzc5LTAyMDgtNDk3ZS1iZDBkLTdiZjRhYzQwMDk0NA.jpg


7 posted on 10/31/2017 12:32:42 PM PDT by Charlemagne on the Fox
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