butlerguy03 wrote:There will be print media, but it will become just a collection of national newspapers. Gannett (USA Today and many, many local papers) has already done this. The IndyStar has a USA Today section. I'm sure the Chicago Tribune and New York Times will exist, although they may look quite different. The NYT is actually gaining subscribers in droves because they are one of the last true investigative journalistic bodies still remaining.
The Athletic has done it right. I highly recommend a subscription - basically keeping sports journalism alive. Can't wait to see other versions (Politics, etc.) come around.
Wizard of Westroads wrote:While journalism will survive, newspapers are going away fast.
The economics of cutting content, pages, etc. on declining revenue while continuing to pay fixed costs on a building, press, trucks, newsprint etc. means a fixed number of years left. The latest blow has been the demise of retail chains that used to be the biggest advertisers, but the biggest problem is demographics: nobody under 40 subscribes to print.
Sunday papers might survive a while longer as a magazine type format and a means to deliver ads. A lot of papers have already cut out some week days, and I'd bet there'd be only a handful of papers publishing 7 days a week within 5 years. And that timetable would move up with a bad recession. But if the question is how much longer for daily newspapers as we've known them, 5 years.
Doge McDermott wrote:So, I work for an ad agency. Newspapers are in a death spiral, and there's not much they can do about it. The economics of a physical paper are just awful.
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