<p>Because of recession revenue forNY times are dropping. Do you think newspaper industry will die slowly or they would recover. Somehow I think less and less people read newspaper, and more goto internet, thus the problem in revenue collection. This may be slow death to such fine newspapers.</p>
<p>The NY Times is dying because it has made a conscious decision to slant its news towards the left. Its opinion pieces were already left, but now its news has shifted that way. It has lost credibility for news reporting and once that credibility has been lost, it won’t come back.</p>
<p>Yes - times have changed a lot for old fashioned paper newspapers. A lot of people get their news and general info now from internet sources (including newspaper sites) for free and a lot of advertising dollars have now diverted to the internet. They no longer buy a paper if they want to shop for used cars or real estate. They don’t use a paper for breaking news. And they generally can’t get different perspectives on issues from a single paper. </p>
<p>Just think of all the trees saved and landfills made less full.</p>
<p>The reign of paper and hardcopy mediums is on a slow death. The chinese invention of mass medium reproduction is changing to electronic. Ben Franklin would be “hard pressed” to adapt. </p>
<p>Advertisement dollars are changing their focus but won’t go away.</p>
<p>We buy NY Times. I won’t read WSJ because it’s too gossipy. I still like the feel of paper in my hand. I look forward to People’s on Fri and Sun paper on Sat, plus my daily Chinese newspaper. Maybe I am just too old fashioned.</p>
<p>Nonsense about it losing readership because rightwing folks don’t like it. Those people never did read it. Unless you have some evidence that their revenues are declining more than those in the industry? </p>
<p>The Times is being hit just like every other paper: competition from the internet, huge drop in major advertising coming from real estate and other industries hit by the recession, increased competition for advertising from various sources, cost of newsprint has skyrocketed.</p>
<p>This is a serious issue for students who want to pursue careers in either print or broadcast journalism (and those of us who are already working in the field.)
The Pew Center Project for Excellence in Journalism compiles an annual report on American journalism. I tried to link without success, but you can Google it. You’ll find some answers there.</p>
<p>Newspapers have been hit with competition from broadcast and cable media, and the internet and have been hit with competition in their revenue model from aggregators on the internet and sites offering free and targeted advertising.</p>
<p>Radio, broadcast and cable television have made for more exciting mediums for delivering the news and there has been a proliferation of channels.</p>
<p>Sites like Google, Yahoo and others aggregate and customize news so that noone needs to read a newspaper or magazine for headlines. They may have to go to an online newspaper or other news source for the whole story.</p>
<p>Sites like Craigslist have hurt the revenue model for newspapers. I can go to Craigslist and search by various criteria to buy what I’m looking for. Or use Amazon (used) or Ebay or just put up an ad on my own homepage.</p>
<p>Newspapers are currently trying to monetize their news on websites with a huge number of flash ads. The problem is that this slows down sites and that readers learn to ignore the ads. The noisier the ads, the more we try to ignore them. Or block them.</p>
<p>Basically their business model is broken.</p>
<p>There are a few that are doing well like the Wall St Journal. They have figured out how to get people to pay for their content online and it works for them.</p>