New York, March 11, 2007

Have Newspapers Reached Their Deadline?

Readership For Print Media Is Declining, So How Will News Coverage Change?

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"We will progress way far ahead, no doubt about it," he said. "But I'm not predicting there will not be ink on paper. I just don't — I mean, I don't know."

There is uncertainty about the Internet, too. Griscom said the paper hasn't started making much money off their Web site yet.

"We make some, but it's not gonna be anywhere near the print product," he said. "We're understanding a little bit better how the Internet works, how it interacts with what we're doing."

Samir Husni, chairman of the journalism department at the University of Mississippi, is a world-renowned expert on print journalism. He says that what is killing newspapers is not that people have forsaken print, but that papers have become too predictable. He cautions newspapers against putting too much faith in their Internet operations.

"Every couple of years we seem to go through a cycle — print is dead, print is dead," he said. "Anybody who is realistic will know that we will have printed paper products from now 'til eternity."

"When was the last time you were surprised by a front page story in a newspaper?" he added. "When was the last time you said: 'Wow!'? Let me give you an example: Sunday, few weeks ago was the Super Bowl, everybody knew the Colts won. What were the headlines, almost no exceptions? 'Colts win Super Bowl.' Big surprise!"

"If I read the newspaper, if I pick up the magazine, what's in it for me?"

Husni says that newsmagazines are suffering even more than newspapers. Each of the so-called Big Three are seeing decreases in advertising and steady circulation drops over the past 20 years, and staff reductions. It is easy to see why, talking to Husni's students.

"It's not as immediate," Jason Katavitz said. "They come out weekly at best."

Husni says that whether in print or online, traditional newspapers and magazines have to do a better job of showing how their stories relate to readers.

"We are seeing an upswing in terms of the alternative newspapers that are coming to town, in terms of the alternative magazines that are coming to town they can relate to. They feel, 'It's my grandfather's newspaper, my father's newspaper, I'm not going to relate to it — I want something for me.'"

The editors of The Politico, dedicated to intensive political coverage, agree. John Harris and Jim VandeHei think they've found the new way. They both left top jobs covering politics at the Washington Post to found Politico, which launched just last month. It's a hybrid: There's a paper edition three times a week. But unlike traditional newspapers, it's the Web site that drives the paper — complete with videos and all kinds of blogs.

"We're gonna be more conversational, more irreverent, we hope more 'insider,'" Harris said.

For example, this past week, the day after the Scooter Libby trial, most newspapers led with the verdict. The Politico, having given the details the day it happened, was busy speculating on the future. But won't something be missed if traditional newspapers disappear?

"You know, I'm still very sentimental about that, at the same time, I've actually grown to become a platform agnostic," VandeHei said. "I don't care if I'm reading it on paper, if I'm reading it online. I just want smart news, smart analysis, and I want to be able to read it and think about it when I want to."

Which seems to suggest that newspapers and magazines must look at changes in reading habits not as a death knell but as a challenge

"The danger is that you cling to a past and that inhibits you from being creative enough and aggressive enough, bold enough, optimistic enough to embrace all of these new opportunities," Harris said.

© MMVII, CBS Interactive, Inc. All Rights Reserved.
Add a Comment See all 15 Comments
by noanksas March 29, 2009 9:47 AM EDT
Most of us can scrape up a few quarters for a newspaper at our local newstand. But, many (and many more each day these days!) have no credit or even bank accounts... How are we to 'pay', even the 'few pennies per story' for online news???
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by vancouverboo March 12, 2007 1:27 PM EDT
I wonder where the internet will get it's news when there are no more Newspapers? The on line stories come from the news services, from the newspapers.
Reply to this comment
by Razzl March 12, 2007 1:03 PM EDT
Since not every person will ever own a computer, there will come a point of stabilization between how many people have dropped paper for online and how many can only get access to local news through paper. These trends never go in a straight trajectory--bookstores, after all, are florishing now in what should be the twilight of their era. I suspect that new economies of delivery and production could stabilize the publishing industry for a very long time to come...
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by fred9812 March 12, 2007 1:59 AM EDT
Too bad the report didn't talk about many newspaper owners' addiction to high profit margins, running 20 to 30 percent. Grocery stores run at about 3 percent. If newspaper owners weren't so greedy, they could hire more reporters and editors, put out a better product and maybe increase both their print and online readership, increasing their worth to advertisers. It's really good old American greed that's causing problems in many cases.
Reply to this comment
by fred9812 March 12, 2007 1:54 AM EDT
Too bad the report didn't talk about many newspaper owners' addiction to high profit margins, running 20 to 30 percent. Grocery stores run at about 3 percent. If newspaper owners weren't so greedy, they could hire more reporters and editors, put out a better product and maybe increase both their print and online readership, increasing their worth to advertisers. It's really good old American greed that's causing problems in many cases.
Reply to this comment
by fred9812 March 12, 2007 1:49 AM EDT
Too bad the report didn't talk about many newspaper owners' addiction to high profit margins, running 20 to 30 percent. Grocery stores run at about 3 percent. If newspaper owners weren't so greedy, they could hire more reporters and editors, put out a better product and maybe increase both their print and online readership, increasing their worth to advertisers. It's really good old American greed that's causing problems in many cases.
Reply to this comment
by caldwellptr March 12, 2007 12:50 AM EDT
"I don't feel like I'm wasting any news. I just open the articles on my laptop that I want to read. My newspaper usually comes with all of the news fit to print, not necessarily read."
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by michellem99-2009 March 11, 2007 8:33 PM EDT
I read the news on the computer. I like it better as no messy news ptint plus I can't hold the paper and read it while using a mag. glass to make the print bigger. I think the paper as we know it will still be here. They don't put all the stories in on computer. I know of people who don't have computer and they don't care for computer. The TV,radio and print news will still be with us. I am a blind person so I can't see the print in the papers plus I want up dates in news, the computer does that. I can read and have a cup of tea.
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by cmp271 March 11, 2007 7:44 PM EDT
I will always read the newspaper as well as on the net. I like the local columnists we have as well as the other features.

what if the power goes out? what about those who do not have a computer.

Newspapers and radio need to stay in business.
Reply to this comment
by neojoker March 11, 2007 7:19 PM EDT
Wait a minute, I forgot to tell you that my fee is $100,000.00 for coming up with the answer. Just contact me at my email address, on file, here. I copyright my before mentioned solution.
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by neojoker March 11, 2007 7:16 PM EDT
Maybe if the newspapers and news wasn't just all copy and paste, saying the very same worded story over and over a million times, and had their own point of view about the story instead of what the White House or whoever, is feeding them....Maybe then, somebody would buy it, just to get more info about the story and see it from a different angle. It's such a simple answer. It doesn't require a think tank to figure it out.
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by dave_lucas March 11, 2007 6:19 PM EDT
Excellent peice, I have written a comment / companion piece on my blog http://dave-lucas.blogspot.com/2007/03/whats-ahead-for-print-broadcast-media.html
Reply to this comment
by dave_lucas March 11, 2007 6:12 PM EDT
Excellent peice, I have written a comment / companion piece on my blog http://dave-lucas.blogspot.com/2007/03/whats-ahead-for-print-broadcast-media.html
Reply to this comment
by dave_lucas March 11, 2007 6:07 PM EDT
Excellent peice, I have written a comment / companion piece on my blog http://dave-lucas.blogspot.com/2007/03/whats-ahead-for-print-broadcast-media.html
Reply to this comment
by qmumk March 11, 2007 3:47 PM EDT
I think there are plenty of people who still want a printed newspaper. Your statistics blip at the end of the segment said it all...aren't we living longer and aren't there more baby-boomers than ever, going into those ages that you pointed out are reading the PRINTED newspaper? We want to sit down and read the printed paper each morning with our favorite beverage and, not everyone has or chooses to have a computer.
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