Jan
7
Gloom and doom
Posted by Vera Haller on Jan 7, 2009 under: economy, newspapers, online news
The start of 2009 has not been kind to the newspaper business. Go to any industry Web site, such as Poynter’s Romenesko, and find the page filled with stories about layoffs, revenue drops and the elimination of print editions.
Why this happened and where we are heading are key questions on most insiders’ minds. Two articles cited here try to give some answers:
- Michael Hirschorn, writing for The Atlantic, imagines a world in the not so very distance when the venerable New York Times goes out of business.
- Jack Schafer, on Slate, reports on “how the newspaper industry tried to invent the Web and failed.”
Both these articles serve up large doses of harsh realities.
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