Newspaper Extinction

| | Comments (1)

        With the economy in dire need of nothing short of a miracle, inevitably journalism will suffer the same ramifications as numerous other businesses.  Consumers prefer to spend their money on necessary things such as house payments, food, and gas rather than indulging in the luxury of having a newspaper delivered to their door each day.  According to Peter, co-director of the Wharton Interactive Media Initiative, "It's fair to say that newspapers will disappear and I don't think we should shed that big a tear for them,"  

In fact, with online newspapers so readily available, they are beginning to replace the traditional print.  A survey conducted Pew Charitable Trust, which has tracked the growth of the web through its Internet & American Life Project, stated: "Internet news sources had very significant gains, 40 percent of the population saying it's where they get "most" of their national and international news. That's a significant leap from September of 2007, when only 24 percent had called it the source of most of their news."  

The infamous New York Times has exemplified this switch from print to online.  According to Audioholics Online, in 2008, The New York Times Company, posted a $335,000 loss in the first quarter -- one of the worst periods the company and the newspaper industry have seen -- falling far short of both analysts' expectations and its $23.9 million profit in the quarter year earlier.  Now, the company's main source of revenue, newspaper advertising in print and online, fell 10.6 percent, the sharpest drop in memory.  This is a combination of the industry suffering the blows of an economic downturn and the continuing long-term shift of readers and advertisers to the Internet.  

Having such as well-known, widespread newspaper on the verge of extinction, who is to know what this will mean for business of journalism as a whole?  Traditional printed papers seem to be going down the wayside, pushed away from the hands of readers who now prefer to stare at a screen.

1 Comments

Is there something about reading text on a screen that makes it different in quality than text on print? Does print automatically reduce the number of typographical errors, factual errors, or extremist statements? Why did I feel so bad when I tore up a print newspaper, but I don't feel bad when I shut off my computer at night?

In the future, when you post a reading response, include a link to the course page, so that someone who comes across your website will have a way to find out what, exactly, you're talking about (and also find other students sharing their own reactions).

Leave a comment


Type the characters you see in the picture above.