So I hear a rumor that the Miami Herald is up for sale, anyone want to buy a newspaper? And the Sun-Sentinel filing for bankruptcy. Am I scared by all of this.. YES!
I cannot believe that the industry is dying off so fast and that we can do very little to stop it from happening. I keep thinking about what one of my professors told me yesterday- that radio will never die because people will always drive to work. But let's be honest I love print!
Everything about it is fun to me, and I don't think I can give it up that easy, dying or not.
Honestly I don't think that the industry is dead, it is just that those on top do not know how to handle it. They are scared of working the same way for the past... well forever, it is hard to keep up. But I think and know the industry can do it!
When radio became popular newspapers took a huge hit! People were now getting their news from the radio and not waiting until the next morning to read what happened today. Easy solution: newspapers began to run air times of radio shows and working radio in with newspapers. The newspapers survived!
When TV became popular they took another hit! People could watch their news on TV with video and all. Heck radio took a hit too. And just like radio, TV gave people instant news. So newspapers adapted. They began to run the news that the TV stations would air at night, only they would go deeper in an issue and have more details. The newspapers survived!
Now we have the Internet. I think this is the one thing that scared the industry more than anything else! For once the content of a newspaper would be online for the world to see. Anyone could become a reporter and make their news. The industry never jumped on the Internet and now I think that unless they learn how to handle it, it will never come back. And honestly, they have been doing an okay job. Always updating the Web-site is smart, and making news stories relate to those on the Internet is as well. But no, the Internet I guess is going to be the death of the industry. That and whoever had the idea to trade newspapers on the public market!
It makes a lot of sense during a time of good economic growth, but if the market goes down the industry has no money. So smart!
I think that newspapers may be able to handle this, we are not going anywhere. But it is how many will be standing that will be left at the end is the question.
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