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alan p

Was this *that* Henry Blodget ;)

Mark

Your defense of newspapers are highly unconvincing.

Even if you go with the not so unbiased WAN numbers, global newspaper growth in terms of sales and readership still fall well behind the global rate of inflation, leaving them with a net negative growth.

As go America's papers, so will go the world. Those in the old media need to wake up and re-tool their organisations for something useful in this century, or they will die.

Rick

Seamus,

I understand your points, but it is still not very clear what a sustainable model would look like. For sure the value of validated information is high, but the two problems facing it are:

a. the costs for producing validated information are **very high**
b. at this point there are no barriers to prevent the diffusion of the validated information to low-cost means of diffusion

once again, your points are valid, but it is not clear what a viable business model would look like to keep this industry with its current size. if you are instead talking about a substantial reduction of its market focusing on specific niches, then this would make perfect sense.

Tom Grey

It's amazing that current newspapers still pay anybody for their opinions -- there are plenty of free opinions available, and it shouldn't be too tough to get good opinions for the cost of mere advertising the website of the opinion writer.

The validating power of paper is maybe the larger part of the value, but also the distribution of a printed, inflexible but very accessable and portable product is a significant value.

Rick above answers his own objection -- FEWER papers, not the current size. But Rick seems correct that the future successful business model is not now known, or at least not clearly accepted as such.

Perhaps somebody like Craig "knows" the Craigslist model, believes it, is working it and is correct -- but his being correct, in the future, is not now obvious/ certain.

Rick Waghorn

Not taken from the baove, but from the same stable... "the core value of a newspaper is in being trusted". Not wholly correct, because value can also come from the journalist being trusted. Does the 'trust' in a Jeremy Clarkson motoring review come from Clarkson or the Sunday Times? AA Gill? Trust in niche areas comes in the person, not the product; the brand strength is the individual, not the institution. Does Clarkson need a print press and paper boy to find an audience? No, he's mymotoringwriter(.com).

Steve Boriss

Newspapers' value in the past may have been based on "validation," but this is fading fast for two reasons. First, alternative news sources on the Internet have been destroying the public's perception that newspapers are actually providing verified truth by discovering and publicizing lapses. Second, the Internet is providing a different, and ultimately preferred method of validation -- news presented as a series of rumors, confirmations, and corrections in a more exciting and more effective pursuit of the truth (Steve Boriss, The Future of News)

BD

I wrote something about this earlier.

http://piquancy.blogspot.com/2007/03/with-grain-of-piquant-salt-its-media.html

Scott

In this digital age, every publisher should use the digitization services as the e-edition users are increasing rapidly. This is the only way to increase their circulations. And also there is another way to publish through RSS syndication, pod casting which I found in www.pressmart.net. This website is providing the services of digital versions of print publications, RSS, etc.

Press Digital

Newspapers' value in the past may have been based on "validation," but this is fading fast for two reasons. First, alternative news sources on the Internet have been destroying the public's perception that newspapers are actually providing verified truth by discovering and publicizing lapses. Second, the Internet is providing a different, and ultimately preferred method of validation -- news presented as a series of rumors, confirmations, and corrections in a more exciting and more effective pursuit of the truth.

I m totally agree with this.

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