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I think he's saying that media conglomerates taking control of newspapers worldwide will result in more expensive, but higher quality (!) newspapers.
Rather than what usually occurs when companies go global - lower quality at lower prices. With newspapers you'll also have a definite loss of objectivity. |
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Newspapers are not nearly as imporant as they used to be anyway, since the rise of the Internet. They've been facing severe drains in readership for a long time now.
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"You miss 100% of the shots you don't take" - Wayne Gretzky |
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It seems like the newspapers are stuck with the traditional news reporting rather than break themselves away from a pure reporting role. They have the advantage of extra hours to formulate a story, check some data, word it correctly, and maybe add to it. Instead, they seem content in just providing a transcript of the breaking story heard on the wires. I can see them being important if they turn into something a little more in between news and magazine. Extra features does not a news magazine make.
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I read an article (online) a few years ago that resonated with me. The theme of the article is that it's important to know what your business is really about. The article used the example of the railroads in the late 1800s through the mid 1900s. The men who ran those companies were proud to be known as "Railroad Men." The problem is that they were really in the transportation business. Had they realized that, they would've been better equipped to adapt to changing conditions instead of focusing exclusively on the railroad business.
Newpapers are in the same situation. As long as they think they're in the newspaper business, they're in trouble. More accurately, they're in the news business or the information business. Rather than focusing on the delivery medium (newspapers), they should focus on the content regardless of how it's delivered. Newspapers are fading and are pretty much obsolete, but there is a strong demand for good information. |
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If they are to stray from the printed media, they are going to have a lot of competition that they don't have now. Something will have to set them apart from all the other media outlets. With everyone trying to just get a volume of news out quickly, they have a chance to grab the niche to be able to get the news out correctly. That might also build a big enough reputation to be able to compete with the other multi-media establishments.
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Numbers are not case sensitive. (me) |
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The point about newspapers (and even worse, news weekly magazines) is that their delivery mechanism is slow, expensive, and inefficient. My town has one newspaper that delivers in the morning (often too late for me to read it before leaving for work). All of the "news" in that paper is many hours old by the time I receive it due to the time needed to print and deliver it. It takes a lot of trees and energy to do a daily news print/delivery cycle every day plus the labor expense of the people who do the typesetting, run the presses, and deliver the papers. Reports over the past several years show that many, perhaps most, major newspapers are suffering from delicining readership which means they can't charge as much for their advertising. Add to that the hit they're taking from online advertising such as Craig's List and employment websites and newspapers are hurting.
My wife and I normally subscribe to only the Saturday and Sunday papers because we seldom have time to read the papers during the week. Last week, the paper called and offered me the paper for the rest of the week at no additional cost. They're obviously hurting and doing whatever they can to boost readership. Online news outlets have almost none of those restrictions or expenses. They can be updated almost instantly. There are webmastering and hosting expenses but there is no printing or delivery costs, no paying for newsprint, and much lower labor costs. Newspapers are the buggy whip industry of the 21st century. It just seems many of them don't know it yet. |
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In the U.S., monopolies where allowed to kill all of the newspapers until the major markets had only one each and so very much a promoter of the local business community and the Powers that Be. Owned by a just a few companies. That made them irrelevant to those who are awake and soothing to the sleeping masses. The Wide World Wide provides so much better alternative. I will never pay a penny to those who would exploit me, again.
We are better off without them.
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I came for the astronomy but I do love the physics! |
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"Shut up and calculate" R. Feynman |
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