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(3) What are the ramifications of the economic changes?
Issue
1
#21498
What are ramifications for the newspaper industry of the changing economics?
CONTEXT
(Help)
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The Future of Newspapers »
The Future of Newspapers
The Future of Newspapers☜The global financial crisis has brought the newspaper industrys structural problems to the fore as it responds to the changing competitive environment in the digital era. What does the future hold for newspapers and for the journalism they enable and support?☜F1CEB7
▲
Do newspapers have a future in the digital age? »
Do newspapers have a future in the digital age?
Do newspapers have a future in the digital age?☜Do newspapers have a future in the digital age?☜FFB597
▲
Core business model is collapsing irrevesibly »
Core business model is collapsing irrevesibly
Core business model is collapsing irrevesibly☜The internet is destroying the traditional busines model for general newspapers, and the organizational forms desgined for the era of industrial production need to be replaced with structures optimized for digital production and distribution.☜59C6EF
▲
Old economics don't work in the digital era »
Old economics don't work in the digital era
Old economics don't work in the digital era☜The traditional business model of the newspaper industry is being undermined by rapid and deep changes in the economics of publishing in the digital era.☜98CE71
■
(3) What are the ramifications of the economic changes?
(3) What are the ramifications of the economic changes?☜What are ramifications for the newspaper industry of the changing economics?☜FFB597
●
Demand falls, staff cut, quality falls, demand falls »
Demand falls, staff cut, quality falls, demand falls
Demand falls, staff cut, quality falls, demand falls☜Staff cuts are one of the few signifcant cost cutting measures open to the newspapers; however, cutting journalists leads to falling quality which leads to further falling demand and falling revenues.☜59C6EF
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Newsaper profit margins diminished or disappeared »
Newsaper profit margins diminished or disappeared
Newsaper profit margins diminished or disappeared☜Many of the world renowned newspapers are heavily indebted, have little cash in hand, and their profit margins have diminished or disappeared.☜59C6EF
●
Online-only model will only support around 20% of staff »
Online-only model will only support around 20% of staff
Online-only model will only support around 20% of staff☜Common estimates suggest that a Web-driven product could support only 20 percent of the current staff (which will devastate news-gathering capacity).☜59C6EF
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Entered by:-
David Price
NodeID:
#21498
Node type:
Issue
Entry date (GMT):
6/30/2009 8:17:00 AM
Last edit date (GMT):
7/2/2009 12:03:00 PM
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