Ed Driscoll

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Newspapers’ Red Queen’s Race–The End Game

March 14, 2009 - 2:26 pm - by Ed Driscoll
OldeKat
2009-03-15 03:08:19

I think that we may see a shakeout from the standpoint of size, i.e., large city versus small town, with the small town newspapers surviving while the others don’t. For example, my hometown newspaper (Daily Journal) delivers local news and sports in depth, keeping its readership well informed of local events and problems. The larger, nearby Indianapolis Star is now owned by Gannett and is just like its parent’s USA Today — pablum for the masses and treated as such. There is nothing in the Star that is better reported, analyzed and explained than on the ‘Net. We simply don’t need the Star (or any other such entity). The internet has so much more to offer and people who are interested in finding out facts and making their own analyses and judgments know that. It is similar to watching the dinosaurs slowly die out and fossilizing. For many big city newspapers, the strategy seems to be to burn through the cash until insolvency, hoping for a miracle such as a private benefactor or, more likely, a federal government bailout.