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NYT Must Be Reading Diggings…
It has to be the case that the New York Times is reading this blog. The story they ran yesterday on the front page was my #1 prediction for 2008. Either that or they’ve been reading Alan Mutter’s blog, or tweets from themediaisdying or any of the other countless blogs, articles, industry analysts, pundits, experts, or doomsayers that have been predicting the inevitability that a major metro market in the U.S. will lose its printed daily newspaper entirely in the very near future. So even though my analysis may not have been that original, it was a fun article to see on the front page of the New York Times 14 months after I wrote the same thing.
There has been a whole pile of additional news over the past week or two about the daily newspaper industry, along with a bunch of other interesting things I’ve seen and read, so it’s time once again to dump out my list of saved articles and links.
• Q4 ’08 results for magazines and newspapers were even more horrifying than even the most pessimistics observers would have predicted.
• MinnPost’s David Brauer has a fix for the annoying way the Star Tribune paginates it’s online articles.
• The stars from the best video podcast, Kevin Rose and Alex Albrecht of Diggnation, made an appearance on Jimmy Fallon’s show. Podcasts have now officially become a mainstream media channel.
• Moody’s new ‘Bottom Run’ classification of the worst credit risk businesses is filled with radio and newspaper companies. What a shock!
• Philadelphia’s newspaper mogul, Brian Tierney, whose company just declared bankruptcy, erupts at the bloggers who are dancing on the graves of daily newspapers all over the country and declares, “We’re not dead yet!” Death might actually be more appealing than the rotting-corpse, zombie-like state that most dailies are in these days. And yet, maybe he’s right.
• 4 dailies in Tennessee are trying desperately to stave off oblivion by sharing resources and cutting costs. At the rate dailies are going, we might end up with one giant (or small) newspaper monopolist that tries to cover the entire country.
• The NYT article from yesterday made the oft-repeated claim that Craigslist stands as the primary culprit behind the demise of daily newspapers. What a joke. And shabby, lazy, simplistic reporting, too. Craigslist certainly took some market share and eroded some revenue, but the site is largely filled with classifieds that would never, ever run in the daily paper, despite what they claim.
• Unions, which have been a substantial factor in the bloated cost-structure of most dailies, are now stepping up as perhaps the last-ditch saviours??!?!?!?!?!
• The New York Times is trying to generate cash from every nook and cranny in the business. I hope they succeed. I could not stand losing the Times.
• MediaNews Group is the first major newspaper company to finally realize that the answer might be a customized newspaper. It’s most likely too late, but it’s about time that someone from inside the industry finally come to appreciate one of the solutions that has been widely recognized and bantered about outside the industry for at least a decade.
• Even Rupert Murdoch is having a tough time these days.
• Jason Calacanis, who made news this week for his brazen yet brilliant offer to buy a spot on Twitter’s top 10 recommended list of twitterers to follow for $250,000 (which, by the way, Twitter should accept immediately so they can actually start generating revenue), has written the best piece yet on start-ups surviving in the current economic meltdown.
• The free v. paid content debate rages on.
Lots of stuff, and sorry for the massive, somewhat lazy dump of links, but the overflow of stories and links is getting overwhelming, and I’m afraid that it’s actually just getting started. It’s going to be a crazy year.