The Newspaper Can't Love You Back
wired
I'm sure you've read this by now. I just got caught up. Thoughts on this? David Simon: ... At the very edge of being rendered irrelevant by the arrival of the Internet -- at the precise moment when their very product would be threatened by technology -- newspapers will not be intent on increasing and deepening their coverage of their cities, their nation, the world. They will be instead in the hands of out-of-town moneymen offering unfeeling and unequivocal fealty to stockholders and the share price. And when the Chicago Tribune Company buys Times Mirror and more buyouts follow, the tipping point will be reached. Instead of a news report so essential to the high-end readers that they might -- even amid the turmoil of the Internet -- still charge for their product online and off, American newspapers will soon be offering a shell of themselves in a market unwilling to pay for such and then, in desperation, giving the product away for free. The window will close; newspapers will not be getting better, stronger, more comprehensive. Not ever again.
