Trees rejoice

Trees rejoice

: The Washington Post sums up the woes of the newspaper industry.

“Print is dead,” Sports Illustrated President John Squires told a room full of newspaper and magazine circulation executives at a conference in Toronto in November. His advice? “Get over it,” meaning publishers should stop trying to save their ink-on-paper product and focus on electronic delivery of their journalism.

It’s not dead. But it’s not growing. And in an economy that demands growth, that smells like death.

The story has nothing radically news but it is a good sum of the state of the business. More later…

  • Kind of disingenuous to have your “money” quote come from a magazine exec and not someone in the newspaper industry, isn’t it? I don’t doubt that both formats are in trouble, but being that the article was specifically about the newspaper industry I don’t really what Mr. Squires’ opinion contributes to the conversation.
    And didn’t Dr. Egon Spengler say this back in ’84?
    Magazines, being much more portable than newspapers and therefore much easier to read on the fly, are probably not going anywhere anytime soon; whereas the broadsheet is a relic of the past, a pain in the ass to negotiate even under the most ideal circumstances.
    And it seems to me that the situation is much more dire for newspapers than it is for magazines, which seem to be genuinely trying to strike a balance between paper and online content. My wife, for example, is a devoted reader of Entertainment Weekly at home, but takes advantage of the odd free minutes at work to read the magazine’s website.
    In the end, though, I think the crisis is somewhat overblown. The industry will reconfigure their business models and come to new terms with their advertisers, and life will go on, albeit in a mixed media of print and online content. But don’t count out newspapers and magazines until they come out with a wi-fi laptop you can comfortably read while sitting “on the family throne”…

  • Michael Savoy

    How about “DEAD Tree is DEAD”?

  • It’s not dead. But it’s not growing. And in an economy that demands growth, that smells like death.
    which although perfectly true, is also a very disturbing reflection on the fact that this society no longer considers “enough” sufficient—only more will do.

  • I stopped reading the daily newspaper over a year ago. I mean why read it? The “news” is old because I have read it the day before on the Internet, and even the local stuff you can find on the paper’s website. Add in the fact that half the paper is advertising and it is a total waste of time.
    Unfortunately I can’t convince my wife to switch over to the Internet so we can save the monthly subscription. But I am going to keep trying.

  • Interestingly, again the site carries the indictment of MSM. To quote from “journalistic malpractice”, written by economic conservative Samuelson (I denote with ** the very damning reason he gives):
    “Call this journalistic malpractice. Recently both the Times and Post ran front-page stories reporting — in tones of shock — that the costs of the Medicare drug benefit were rising rapidly. The stories were misleading; all that had changed about the estimates is that two early years (with little spending) had been dropped and two later years (with lots of spending) had been added. If the media had reported accurately two years ago, there would be no shock today. ”
    The malpractice continues. The disagreeable reality is that the baby boom’s sheer weight will sooner or later force cuts in Social Security and Medicare. We ought to be debating them now and giving people warning. But almost everyone has a stake in denial,
    *******and the media are complicit******. Personal accounts — like them or not — don’t solve the real problem. If journalists were doing their jobs, everyone would know that.”

  • Sure! A very good think!