Thursday, May 24, 2012

Yep, Newspapers Are Screwed

Posted By on Thu, May 24, 2012 at 11:00 AM


For anyone who still loves newspapers (and apparently that's a smaller number of people everyday), it's hard to hear that New Orleans Times-Picayune, along with three other papers owned by Newhouse/Advance in Alabama, will be going to a three day a week print schedule (Wednesdays, Fridays and Sundays), firing a bunch of employees, and moving to a digital-centric focus. What's strangest, and possibly most ominous, is that the trend is for media companies to spin off their newspapers into new companies separate from their digital product (this is the case with the Times-Picayune, along with papers owned by the Tribune Company), which seems like a preparatory move to just dump the papers entirely. Not that the state of daily newspaper reporting is great anyway, but it seems like everything is going to get cheaper, faster, and less useful.

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