I’ve always stressed that print won’t die though it will shrink and radically change. The problem is the inertia and denial which leads many executives to think that these revolutionary changes won’t affect them but the next generation of leaders at magazine and newspaper companies.
Ironically, the recession accelerated history and the main trends and that forced some print companies to shape up. We saw Conde Nast lay off a lot of people, for example, despite historically having a lot of overhead. We also saw both Gannett (parent of USA Today) and McClatchy go through some painful steps that explain why in Q1 2010 both companies reported profits. continue reading...
I came across this 2008-era study on why online video presents a major opportunity for newspapers which concludes: continue reading...
Surfing on your favorite newspaper website, you can’t help but notice that newspaper companies are not only embracing video content, but they are monetizing as well. continue reading...
This post should be titled: Screwed If You Do. Screwed If You Don’t, or better yet, We Tech Bloggers Are a Bunch of Hypocrites!
Was it not just a few months ago (technically, quarters) when we lambasted “big, dumb, slow, old media” for not doing enough M&A of online assets?
My, my, how times have changed. Looking at CBS’ stock chart: continue reading...
