Link Of The Day — Newspapers and What Needs To Be Done.
by Tony Hung on April 8, 2007
Well, in a follow up to the Zell meme that’s floating around, I found an excellent article over at the Toronto Star on the very issue of newspaper’s life, death, and rebirth. David Oliver does a fantastic job in recouping the events over the past few years, what with readership being in decline, online revenues on the way up, and newspaper businesses being sold off or going insolvent — and then talking about what needs to be done.
I don’t like to do posts that are full of quotes, but this article was so important I thought I’d share with you a few select quotes for your reading pleasure.
On why “real” journalists will one day (if not already) flock to the web:
On how one-paper monopolies have encouraged mediocrity:
…
[emphasis my own]
And lastly, what newspapers really need to do to survive:
[emphasis my own]
Some really good stuff, courtesy of a local paper in Toronto.
With the chorus growing louder for change, I suppose the remaining question is thus: will newspapers, and their owners, have the will to effect these changes? I think they really get to the heart of what news media was and has become, and I imagine it will be (or will have been) met with extreme resistance from the establishment.
Case in point: Sam Zells, the new owner of the Tribune is in a peculiarly unique position to effect these kind of changes, and doesn’t seem to have a clue.
Sure, I’ll give him two weeks to be a “genius”, but it seems like the Tribune needs someone (or hire someone) with a grander scope and vision to see it through, not someone who seems to be focused on the bottom line.
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