Image by ClintJCL via Flickr
I glance at the major sections, but stop when I see an interesting blog on the state of the newspaper business. A brief article on the present and future of print media called "News You Can Lose," the New Yorker reports that the newspaper industry faces problems that are the result from a perfect storm: the combination of decreased readership and advertisements.
The demise of newspapers is nothing new, but considering the recent claim of bankruptcy by Tribune Company and the anticipated layoffs of hundreds of newspaper employees nationwide, I have to wonder what the role of the newspaper will be in the coming years.
Many men and women have already made the transition from print to online news sources, but there are still those who have held out-- whether for their favorite column or the daily crossword. So what should these traditionalists expect? My guess: an increase in cost and a decrease in selection. The most successful newspapers will probably still be relevant news sources in the future-- I'm thinking the New York Times, the Washington Post, etc.
But what will be the effects of such an oligopoly? Worse quality? More bias? A select range of opinions and ideas?
Maybe the future of the industry isn't as grim as I anticipate, but I'm not holding out. Back to my book-- something that I think will last a lot longer than the dailies.
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