Showing 75 posts tagged news media
Newsweek will end its print publication after 80 years and shift to an all-digital format in early 2013.
Its last U.S. print edition will be its Dec. 31 issue. The paper version of Newsweek is the latest casualty of a changing world where readers get more of their information from websites, tablets and smartphones. It’s also an environment in which advertisers are looking for less expensive alternatives online.
» via The New York Times (Subscription may be required for some content)
A mounting body of evidence finds that the spread of mobile technology is adding to news consumption, strengthening the appeal of traditional news brands and even boosting reading of long-form journalism. But the evidence also shows that technology companies are strengthening their grip on who profits, according to the 2012 State of the News Media report by Pew Research Center’s Project for Excellence in Journalism.
» via Pew Research
It’s been a big week in newspapers starting to charge for content. First it was Gannett; now the Los Angeles Times will launch a metered paywall on Monday, March 5.
The paper announced the changes today. Website visitors will be able to read 15 stories per month for free before the paywall kicks in. They will be charged an introductory rate of 99 cents for the first four weeks; thereafter, the paper will charge $1.99 per week for a website-plus-Sunday-print-edition package and $3.99 per month for website access only. The LA Times says the digital subscription also includes “retail discounts, deals and giveaways.”
» via paidContent
The vogue for digital paywalls sweeping the news business has made it all the way to the top: Gannett, the nation’s largest newspaper publisher, is planning to switch over all of its 80 community newspapers to a paid model by the end of the year, it announced during an investor day held in Manhattan Wednesday.
“We will begin to restrict some access to non-subscribers,” said Bob Dickey, president of community publishing. The model is similar to the metered system adopted by The New York Times a year ago, in which online readers are able to view a limited number of pages for free each month. That quota will be between five and 15 articles, depending on the paper, said Dickey. Six Gannett papers already have a digital pay regimen in place.
There is one Gannett title, however, that will remain free, at least for the foreseeable future: USA Today. Gannett CEO explained that decision as a matter of priorities, noting that USA Today is in the midst of overhauling its website to create a user experience more similar to that of an iPad app.
» via Forbes
Did one invention lead to the decline of newspapers? What is economic myth and what is true?
Don’t get me wrong. The decline of newspapers is NOT an economic myth. The business continues to lose more revenue each year, and so does other advertising-supported media, such as magazines. Much of this happened in the last decade. It is unclear if executives at any newspaper have any good strategic choices. None of this is a secret.
But one invention and one firm did not produce this outcome. The typical story blames Google and Internet search, and does so a little too blithely. There is a grain of truth in the common story, but it misses a lot. While it is correct that the firm to profit the most from this trend is Google, Google alone did not kill the newspaper.
» via Virulent Word of Mouse