Most major dailies are much less profitable than they once were, and the good papers don't answer to shareholders. For example, the Ochs-Sulzberger family has owned The New York Times for115 years, and there are impenetrable barriers between ad sales and editorial. There are still quite a few newspapers that are very protective of their integrity and reputation. However, all realize that their print market is shrinking, and they have to transition to electronic media. Many are achieving a measure of success on the web. The Times website, for example, attracts about 20 million viewers a month. It doesn't yet generate enough revenue to make up for losses suffered by the print edition, but it's revenues are growing. Paul
On Jan 30, 2011, at 8:13 PM, Larry Colen wrote: > > On Jan 30, 2011, at 2:55 PM, Steven Desjardins wrote: > >> Wasn't is always? Most major papers worked on a "for profit" basis, >> and went out of business when they didn't make money. These days here >> are so many sources competing for your attention. Remember yellow >> journalism? Sensationalism has become the norm, unfortunately. > > I remember hearing on an NPR story that it used to be that companies were > content with a small profit from their news department, but now that money > comes more from stock market performance, people will jetison companies that > don't make enough profit. I believe that there was also a time that Networks > and stations would regard their news department as a means of enhancing their > image, rather than a primary source of income. > > But, I could be completely wrong, it's been known to happen. > >> >> On Sun, Jan 30, 2011 at 4:39 PM, Larry Colen <[email protected]> wrote: >>> >>> On Jan 28, 2011, at 9:07 PM, Christine Aguila wrote: >>> >>>> >>>> >>>> (I have some uncharitable views towards the owners and direction of >>>> today's newspapers and magazines, but I'll keep those views to myself for >>>> now :-)) >>> >>> I think that uncharitable is a good word for this, because the news is now >>> looked at as a profit center. >>> >>> -- >>> Larry Colen [email protected] sent from i4est >>> >>> >>> >>> >>> >>> -- >>> PDML Pentax-Discuss Mail List >>> [email protected] >>> http://pdml.net/mailman/listinfo/pdml_pdml.net >>> to UNSUBSCRIBE from the PDML, please visit the link directly above and >>> follow the directions. >>> >> >> >> >> -- >> Steve Desjardins >> >> -- >> PDML Pentax-Discuss Mail List >> [email protected] >> http://pdml.net/mailman/listinfo/pdml_pdml.net >> to UNSUBSCRIBE from the PDML, please visit the link directly above and >> follow the directions. > > -- > Larry Colen [email protected] sent from i4est > > > > > > -- > PDML Pentax-Discuss Mail List > [email protected] > http://pdml.net/mailman/listinfo/pdml_pdml.net > to UNSUBSCRIBE from the PDML, please visit the link directly above and follow > the directions. -- PDML Pentax-Discuss Mail List [email protected] http://pdml.net/mailman/listinfo/pdml_pdml.net to UNSUBSCRIBE from the PDML, please visit the link directly above and follow the directions.
