26 October 2009
Newspaper Circulation Craters
What is going on is that their customers are dying off, and the next generation is just not interested in paying for bad journalism.
So newspaper circulation fell by 10.6% over the past year.
The first time that I saw footage of the protests at GW Bush's inauguration in 2001 was in Fahrenheit 911.
The MSM was doing bizarre camera shots that were determined to hide it all, and the print media did the same.
For anyone who is at all web savvy, why read the New York Times when the Times of London, or BBC, or Guardian does a better job?
There are a number of problems, such as corporate slant in the news (GE/NBC), but the biggest problem is that newspapers are being managed by people who do not believe in newspapers, but rather by people who are little more than chop shop operators.
This is, as I have said before, you saw this in rail in the 1960s and 1970s, when the companies running railroads decided that it was a dying industry, and so cut people, cut maintenance, cut modernization, and cut infrastructure, and in so doing, they very nearly killed it off.
The news industry has become corporate owned, and acceded to the demands of Wall Street by digesting itself to generate the requisite profit margins, and now, there is very little left by way of quality product for people to want to buy.
So newspaper circulation fell by 10.6% over the past year.
The first time that I saw footage of the protests at GW Bush's inauguration in 2001 was in Fahrenheit 911.
The MSM was doing bizarre camera shots that were determined to hide it all, and the print media did the same.
For anyone who is at all web savvy, why read the New York Times when the Times of London, or BBC, or Guardian does a better job?
There are a number of problems, such as corporate slant in the news (GE/NBC), but the biggest problem is that newspapers are being managed by people who do not believe in newspapers, but rather by people who are little more than chop shop operators.
This is, as I have said before, you saw this in rail in the 1960s and 1970s, when the companies running railroads decided that it was a dying industry, and so cut people, cut maintenance, cut modernization, and cut infrastructure, and in so doing, they very nearly killed it off.
The news industry has become corporate owned, and acceded to the demands of Wall Street by digesting itself to generate the requisite profit margins, and now, there is very little left by way of quality product for people to want to buy.
Labels:
Business
,
Journalism
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