Yglesias talks about the future of newspapers on WNYC’s On the Media.
Yglesias talks about the future of newspapers on WNYC’s On the Media.
On Saturday, TP’s Matt Yglesias went on WNYC’s On the Media to discuss whether or not philanthropies should consider supporting the declining newspaper industry. Yglesias suggested that the “logic” of the traditional newspaper model is “not a logic that really makes sense in the present world” and that philanthropists should “find ways to fund new kinds of institutions”:
A newspaper is something much more than a just a venue for producing hard news stories. It’s a physical bundle of paper that bundles together stories of all different kinds: weather reports, sports coverage, arts, book reviews movie reviews. And there’s a particular logic to assembling that kind of bundle, but its an economic logic that has to do with the economics of printing and distributing pieces of paper and its not a logic that really makes sense in the present world. [...]
The question is do you want to channel [philanthropic funding] into this dying model that isn’t really working anymore or is it more important to fund news kinds of institutions? And, in particular, to identify exactly what it is that needs funding?
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and there is the rub
the reason media is dying is the fact that they are all owned by the same concern and the public is on to them
guaranteed, break them up and bring back the fairness doctrine and that industry succeeds once again
and once again we realise, once you deregulate an industry it fails, the market can never ever regulate themselves, it cannot happen
February 23rd, 2009 at 12:43 pmI’m so glad Yglesias found time to pontificate on the viability of newspapers. Why try and predict the future? Let the market decide. If they are not profitable, they will cease to exist.
February 23rd, 2009 at 12:48 pmIf they are not profitable, they will cease to exist.
They ARE not, and they WILL not.
Revenue at A. H. Belo Corp., which owns The News, fell about 13 percent during the first nine months of 2008 compared to the same period the year before, due to declining advertising revenue.
LINK
The writings on the wall, er, internets.
February 23rd, 2009 at 12:53 pmThe future of newspapers:
lining birdcages, feeding oyster mushrooms, and being recycled into something useful.
F!@# the MSM. Cowards. Sycophants.
Yes thank god the NYT is circling the drain. Thank god every other rag of an excuse for a newspaper is following suit including the loonie moonie times.
February 23rd, 2009 at 12:53 pm“The future of newspapers:”
I was thinking of getting a puppy…
February 23rd, 2009 at 12:57 pmMr. Philby Says:
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Thank God the nyt’s are circling the drain…
February 23rd, 2009 at 12:51 pm
Even better that the New York Post’s only relevance now is to line the bottom of bird cages……
February 23rd, 2009 at 1:06 pmThen the birds complain that they have to shit on that drivel.
February 23rd, 2009 at 1:08 pmThe most valuable asset of any newspaper is JOURNALISM. In its purest form, it becomes golden. Institutions of journalism need to figure out a way of incubate investigative reporting, and maximum credibility , without all the “bias” ( be it corporate or political.
February 23rd, 2009 at 1:11 pmIn the case of the Dallas newspaper, they are completely out of touch with the population in Dallas, who elected almost every Democratic politician that ran for office, including President Obama. Yet the paper endorsed the loser McCain, and continues to inflict the spectrum of the War Criminal residing amoung decent civilians.
The fact that there is very little real and objective reporting my newspapers as a whole speaks for itself. The corporate media has not done it’s job in more years then I can count.
They have made themselves OBSOLETE. They should just die off. Let them die.
February 23rd, 2009 at 1:50 pmThe more news I see the more Idiosynchrocy (the movie) seems to be a up and coming reality for America…
…reality tv…American Idol…trucks driving around with ads…girls gone wild…
…republicans…the total dumbing down of America…
…have you tried to discuss anything with someone you didn’t know before?
“The stupid” is thick now a days.
February 23rd, 2009 at 1:53 pmBuckie Boy Says:
…have you tried to discuss anything with someone you didn’t know before?
“The stupid” is thick now a days.
Now a days? I live in Texas ! The Stupid was BORN here!
February 23rd, 2009 at 1:56 pmI disagree with Matt. Even though I get most of my hard news on the web, I still love getting my morning newspaper where you have national news (yeah, even though I read it on the web the previous day!) local news, comics, advice columns, recipes, food and restaurant reviews, etc. You’d be hard pressed to find all that on one internet site and even though most newspapers have all their content on the web anyway, it’s relaxing to read it with my morning coffee. Dying yes, obsolete, no.
February 23rd, 2009 at 2:01 pmthat’s a pretty conflated definition for propaganda, matt.
February 23rd, 2009 at 2:12 pmHmmm,
I haven’t bought a newspaper in over 5 years.
I may read a ‘house paper’ at lunch, but that’s about it.
February 23rd, 2009 at 2:20 pmIf I had time for bias, I’d watch Fox News…
MSM is already supported by rightwing money! Perris you are right, break then up.
February 23rd, 2009 at 7:33 pm