The End is nigh

ŠĒ• Reuters

Jack Shafer believes the end is nigh for newspapers. No doubt sped up by shithouse reporting. I am hearing daily about more and more older subscribers of the NZ Herald canceling. It seems now, at the bowling clubs and bridge clubs the oldies are trying to out do each other for who canceled first. There is real kudos these days is being the longest non-Herald household.

Newspaper owners may be running out of time to beat the liquidation clock if the¬†prediction¬†(pdf) made in January by the USC Annenberg Center for the Digital Future proves accurate. Because the current generation of print newspaper readers aren‚Äôt being replaced, most major U.S. print dailies will be dead in five years, the report concluded. Very small newspapers might endure as dailies, as well as the large national newspapers ‚Ästthe¬†New York Times, the¬†Wall Street Journal, and¬†USA Today¬†‚Ästand the local¬†Washington Post. For other newspapers to beat the reaper, said the Annenberg report, they must downsize from daily to once- or twice-a-week publication.

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  • Harry

    I think the next move in NZ will be all the Fairfax papers merging into one. So it’ll become the DomPressTimes. The a few years down the track it’ll be cut to Monday, Wednesday, Saturday. Then it’ll be all over. Incidentally, I had a salesman at the door the other day trying to get me to sign up to the Dom Post for some ridiculously low price of $5 a week or something. I couldn’t justify it as I had their website, a couple of blogs and of course Twitter which is an instant news feed open at my laptop in the other room so said thanks but no thanks.

    • http://pulse.yahoo.com/_OK7Y7PCSTJ27RCKZ2MGRSAYCTE NEIL

      That’s DumbPost to you fella….

  • Ford

    more unemployed on the way

    • http://pulse.yahoo.com/_OK7Y7PCSTJ27RCKZ2MGRSAYCTE NEIL

      Not only that but they’re supposedly all left wingers so more population to the dial a demo brigade….

  • Alloytoo

    The real question will be if the advertising revenue migrates from print to online.
    I am skeptical on this count.
    It’s incredibly easy to block online advertising, not so easy¬†with printed media.¬† Advertisers need to ask hard questions of online marketing, and at some point I suspect we’ll see spend adjust to impact.

  • Petal

    … yet to local free rags are thriving! ¬†People still love to know who does what locally.

  • napalm in the morning

    Warren Buffett just bought a whole heap of newspapers, mostly regional I think. He doesnt appear to make a lot of mistakes , so I guess they are going to be around for a few more years.

  • WayneO

    Got to have something to read while taking a dump and then use to wipe with. The herald is more suited to one than the other these days.

  • Geoff

    I think it was about 5 years ago that I bought a newspaper. The local freebie I find is great for the bottom of the cocky cage.

  • Mediaan

    They are giving the Press away now, in Christchurch, if you belong to AA. No attempt to collect money for it.

    And when are Trademe shareholders going to realise how they milked profits out of Trademe to keep Fairfax afloat in the last six or so years?

    Whole page in the DomPost berating a Government minister, front page, for something today … readers can compare that to the mumbling chicanery around the paintings fraud by Helen Clark, the non-critical treatment of the embarrassing evening dress gaffe on the steps of Parliament by Helen Clark, and the other smoothings over they have done in the past …

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