Newspaper Industry Flux Goes Into Overdrive
Right before our eyes the newspaper business undergoes meltdown. The Seattle Post-Intelligencer will try to be sold, the two Detroit newspapers will only be delivered three days a week, Gannett will force workers to take unpaid vacations, and we now learn the Minneapolis Star Tribune filed for bankruptcy. Last year, there was even the thought the New York Times would file too.
I don’t know how things will pan out. I’m not one of those who thinks weblogs can fill the vacuum. There will be a multiplicity of news gathering forms over the next few years. Organizations will try melding amateurs with professionals, partisans with more objective reporters. They all be searching for a business model that informs readers in a cost-effective way that can deal with new revenue streams and a fragmented marketplace.
[via memeorandum]













I guess I’m old school. Somehow, it doesn’t feel right to not have a newspaper with my morning coffee.
Maybe it will end up that we’ll all have a wireless “Kindle” type of device to dial up what we want to read for our “newspapers”.