Thursday, June 19, 2008

Newspapers still alive and well (at least somewhat)

Lots of people have been predicting that this, the 225th year of existence for newspapers in America, is a terrible time for the print press.

And yet it is a down time--what with Web sites like Craigslist.com and walmart.com that are now running classified ads (a major source of revenue for newspapers) for free.

But all is not bad for the newspaper industry. Glimpses of light shine through all the pessimism.

Consider, for example, what Al Neuharth (founder of USA TODAY) recently noted about newspapers:

On 225th birthday, newspapers dying?
05/27/2008
By Al Neuharth
Plain Talk
USA Today Founder

"The report of my death is an exaggeration."
-- Mark Twain to the New York Journal, 1897

The first daily newspaper in the USA was born 225 years ago next week. The triweekly Pennsylvania Evening Post in Philadelphia became a daily on May 30, 1783.

Since then, most cities or small towns across the USA have had their own daily or weekly newspaper. Currently, 1,422 dailies and 6,253 weeklies are being published.

Sure, the slumping economy has made times a little tough for them. But most still have profit margins well above most other businesses.

Exaggerated "obits," à la Mark Twain's, are being peddled mostly by newspapers themselves. When semiannual circulation figures were released recently, newspapers headlined slight losses among eight of the Top 10. But little or no attention was given papers that are growing. Examples:

* USA Today, the nation's largest, increased to 2,284,219 daily circulation. It has shown gains every year in its 25-year history.

* The No. 2 Wall Street Journal gained to 2,069,463. Under new owner/boss Rupert Murdoch, it's the most improved newspaper in the country and likely to show significant sharp future increases.

* A dozen other newspapers with circulations of 50,000 or more had gains ranging from 1.21% to 7.61%, including in Baton Rouge, Cincinnati, Mobile, Ala., Munster, Ind., San Jose, Calif., Seattle and Trenton, N.J.

Importantly, newspaper owners and editors have embraced the Internet and now are 24/7 providers of news, information, entertainment and advertising. The hunger for all that is greater than ever in history. That's why newspaper-oriented media companies have a bright future.

So, if you're a news junkie, you'll probably continue to get everything you've been getting from your newspaper. And more.

2 comments:

john said...

Print will eventually phase out as it gives way to new tools that are more interactive and rich. Readers are giving up flat printed pages for online, interactive, participative, collaborative and rich media content such as Online Portals, Blogs, Social Networks, RSS, Mobiles and Podcasts.

Here’s few useful links on digital publishing / delivery
http://www.youtube.com/watch?v=01SrlU41RJk
http://www.pressmart.net

carolina magic said...

Thanks for those links, John. I'll check them out. Thanks again for reading and contributing your comments.