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When newspapers are gone, what will you miss?

sethgodin.typepad.com

31–40 of 65 posts

Re: When newspapers are gone, what will you miss?

#31
What's left is local news, investigative journalism and intelligent coverage of national news. Perhaps 2% of the cost of a typical paper.

I'd like to see a citation on that "2%". I don't believe it.

What will we miss? Obviously, the basic reportage function of newspapers is what we'll miss--the boring research, interviewing, verifying, and so on. This is something that bloggers cannot reproduce without a news infrastructure and being on salary.

Re: When newspapers are gone, what will you miss?

#32

Won't miss anything, haven't picked up a newspapers in years.

Likewise. I kind of felt like saying "I'll miss all the same stuff I missed already 10 years ago, like investigative reporting." But now I can't even remember if they were doing that 10 years ago.

Actually, I do know one thing I'll miss... I'll miss the cheap packing material for my dishes when I move.

Re: When newspapers are gone, what will you miss?

#34
Despite the financial weaknesses, Seth ignores one reason why newspapers remain valuable: influencing opinion. Look down the ownership of significant papers - it does not matter if they cost money, as long as they create goodwill / influence opinion in favour of their owning tycoon's other businesses and activities. Their readership figures may be dropping generally, but if you go to important opinion forming places - parliament's private chambers, college common rooms - there remains a vibrant newspaper reading culture.

Re: When newspapers are gone, what will you miss?

#35

What's left is local news, investigative journalism and intelligent coverage of national news. Perhaps 2% of the cost of a typical paper. I'd like to see a citation on that "2%". I don't believe it. What will we miss? Obviously, the basic reportage function of newspapers is what we'll miss--the boring research, interviewing, verifying, and so on. This is something that bloggers cannot reproduce without a news infrast…

2% seems to me laughably low. I would think it is something like 50%. It might take up 2% of the space of a paper, but the reasons we will miss it is because no one else appears ready to do it. Why not? Expense.

Re: When newspapers are gone, what will you miss?

#36

The only newspaper I would miss is The Economist - global, comprehensive, opinionated (for good or bad), analysis in depth. But I won't have to miss it, since The Economist is doing very well, probably for precisely the same reasons that so many people like me would miss it...

The Economist is doing well I believe, as is the Atlantic monthly. People are willing to pay for quality opinion. People are also willing to pay for late breaking news from the AP and Bloomberg. In addition to the option of paying for late breaking news, TV and radio both give it away for free. The papers are just middle men. They add nothing of value to the AP feed that they just regurgitate. And their editorial wor…

It is oversimplistic to say that papers add nothing of value. Surely you admit that the NYT, Wash. Post, and WSJ do original investigative research? Others papers sometimes do this also, although this seems to be decreasing. Everytime I visit my hometown in flyover country, I am frightened by how worthless the local paper has become. But there was a time, not long ago, when that paper had a staff in most major cities around the world. I assume that we are simply missing stories that would otherwise have gotten broken with more feet on the ground. (We don't realize we're missing them since we are missing them...)

Maybe the economist et al. are adding staff, but I suspect there are simply many fewer total investigative journalists, and so less investigative journalism. Maybe if the Chicago tribune hadn't cut so much, they would have broken the Blagojevich story instead of the FBI?

Re: When newspapers are gone, what will you miss?

#38

Earlier quoted context omitted.

The Economist is doing well I believe, as is the Atlantic monthly. People are willing to pay for quality opinion. People are also willing to pay for late breaking news from the AP and Bloomberg. In addition to the option of paying for late breaking news, TV and radio both give it away for free. The papers are just middle men. They add nothing of value to the AP feed that they just regurgitate. And their editorial wor…

It is oversimplistic to say that papers add nothing of value. Surely you admit that the NYT, Wash. Post, and WSJ do original investigative research? Others papers sometimes do this also, although this seems to be decreasing. Everytime I visit my hometown in flyover country, I am frightened by how worthless the local paper has become. But there was a time, not long ago, when that paper had a staff in most major cities…

The problem is exactly as you describe.

The papers could not find a good way to monetize the valuable investigative journalism and so they've cut it, and cut it and cut it.

Re: When newspapers are gone, what will you miss?

#40

What's left is local news, investigative journalism and intelligent coverage of national news. Perhaps 2% of the cost of a typical paper. I'd like to see a citation on that "2%". I don't believe it. What will we miss? Obviously, the basic reportage function of newspapers is what we'll miss--the boring research, interviewing, verifying, and so on. This is something that bloggers cannot reproduce without a news infrast…

2% seems to me laughably low. I would think it is something like 50%. It might take up 2% of the space of a paper, but the reasons we will miss it is because no one else appears ready to do it. Why not? Expense.

How many investigative journalists do you think the NY Times employs? IIRC they have about 800 employees, so maybe 100 tops. Let's say the cost of employing them is 20M per year. Last year the NYT made 6 million on revenue of 748 million, which means their costs must be 742 million. This makes Seth's numbers roughly correct.
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