When newspapers are gone, what will you miss?
sethgodin.typepad.com
sethgodin.typepad.com
Where this leaves many papers is unknown. In the age before 24-hour cable news and the internet, the New York Times could be both good and in-depth and fast. However, the NYTimes will always be behind what I can get from any number of other sources today. They still have good analysis many times, but it isn't the Economist and it isn't the speed of internet news.
Eh, maybe I'm completely off base, but that's why I too still read the Economist while not being big on papers.
People are willing to pay for quality opinion.
People are also willing to pay for late breaking news from the AP and Bloomberg.
In addition to the option of paying for late breaking news, TV and radio both give it away for free.
The papers are just middle men. They add nothing of value to the AP feed that they just regurgitate.
And their editorial work is not anywhere near as good as that of the Economist or the Atlantic.
They add nothing of value.
Maybe the economist et al. are adding staff, but I suspect there are simply many fewer total investigative journalists, and so less investigative journalism. Maybe if the Chicago tribune hadn't cut so much, they would have broken the Blagojevich story instead of the FBI?
The papers could not find a good way to monetize the valuable investigative journalism and so they've cut it, and cut it and cut it.
The Trib did break the Blago story - the FBI wanted to keep it under wraps for a while because they didn't have all the goods. The Trib wanted to sell papers today.
The Trib has had decades to address Chicago corruption. They didn't do it when they had lots more resources, so it's silly to think that they'd do it now if they still had those resources.
And I like the NYTimes, just for their investigative journalism and op-eds (except Krugman ;-)). Exposing the warrantless wiretapping fiasco a few years back bought them a lifetime of goodwill from me.
I'll miss the local sports coverage, box scores, etc. All of this is online, more or less, but it's just not the same.
I'll miss the local news. Our local newspaper plays a valuable role as watchdog. They recently brought down a corrupt mayor, for example. But even the mundane news is useful: road construction, a new restaurant opening, what's playing at the local theatre, etc.
But, I was raised in a home where both my mom and dad read the newspaper everyday. So, I've been reading the newspaper for almost my entire life. Whenever I move, I leave one local newspaper behind and start reading a new one. It gives me a sense of place. A sense of community.
So it's hard for me to imagine a world without newspapers. Sadly, it appears to be inevitable. My local paper recently announced that they'll be cutting home delivery to 3 days per week...
Like your local paper, this one isn't a daily. I think this could be a trend. Local papers will be weeklies, and they'll continue to exist. The switch from daily to weekly will be stressful.
(Related submission to HN, didn't get traction when posted, but gives a little more context: http://news.ycombinator.com/item?id=431498)
Also if there are a lot of bloggers out there, chances are greater that "someone" would feel that they have so little to to lose and lots to win from breaking a controversial story, even though some company would sue them.
I'd like to see a citation on that "2%". I don't believe it.
What will we miss? Obviously, the basic reportage function of newspapers is what we'll miss--the boring research, interviewing, verifying, and so on. This is something that bloggers cannot reproduce without a news infrastructure and being on salary.
You're forgetting the actual paper and the cost of distributing it.
We know the revenues (roughly) and that the expenses are about the same. How many actual investigative reporters do you think that the NYT has? Multiply that number by your guess of their average burdended cost and compare that to the total expenses.
My guess is that the NYT has at most 30 investigative reporters and they cost, on average, $200k/year. That's $6M. If there are actually 100, that's $20M.
BTW 30 is absurdly low. The NYT has more than 30 offices!
http://en.wikipedia.org/wiki/List_of_The_New_York_Times_empl...
Full Time Employees: 10,231
The question isn't "writers" but all of the employees involved in actual news creation. I have no idea what it might actually be, but a 1:10 ratio between "operatives" and "support staff" is my guess.
Anyway, some figures, taken from the New York Times Annual Report and 10-K filing for 2007: http://www.nytco.com/investors/financials/annual_reports.htm...
From the business.pdf ( http://www.nytco.com/pdf/annual_2007/business.pdf ) the overall number of employees are 10,231 (4,408 work for the New York Times Media Group---the rest for other newspapers across the country). I estimated the number of reporters at 650 (From here ( http://topics.nytimes.com/top/reference/timestopics/people/a... ) people we find that people listed in italics are reporters for the New York Times and not wanting to count across 26 other pages, just counted the number of reporters here, which was 25, and multiplied that by 26 to get my estimate. Crude, but should get us into the right ball park). For just the New York Times that's about 15% of all employees are reporters. So, let's run with that figure.
Out of 10,231 employees (at all the newspapers run by this company), that means they have around 1,500 reporters. From the financial statements ( http://www.nytco.com/pdf/annual_2007/fin-stmts.pdf ) we can see that their total expenses are $2,928,070,000. Assuming an average of $200k per reporter (given elsewhere in this thread) that works out to be 10% of expenses (whereas total eages are around 22%). Obviously, an average salary of $100k (remember, these are reporters for various papers around the country) this makes reporter expense 5% of all expenditures.
2% is low, but not by much I would think.
There are some local issues I care about. Enough to make me run for office. These issues would get lost in the noise if I only had national media available. And that the folks who blog about some of them, well, they tend to be single-issue-cranks who only care about their own spin on things.
disclaimer: I ran for election this past November and lost. My estimate is that less than 1 in 1000 Americans ever run for political office at any time during their life.
Getting a wider net of news. Maybe others read more broad news online, but mine tends to be filtered down a lot and so I lose out on certain local stories and stories that I might not otherwise be interested in, but seem worth reading after I've read them as a captive audience of their editing.
There's a whole cognitive aspect to newspapers that Seth is deliberately ignoring. Maybe it's nostalgia, but still. That's what I'll miss.
Casually reading a broadsheet on a Sunday afternoon is a decadent pleasure (pretty-much gone now that many newspapers have moved to a smaller format) and I will truly miss it.
There's also a personal bit. My mother used to work for a small local newspapers for many years; she's not working there anymore but somehow I felt, especially in the small communities, newspapers integrated the people and them more aware about the local events.
However, I disagree with the underlying assumption: newspapers are not going to go away completely. Instead, the industry will become strongly segmented into hyperlocal and national divisions.
Hyperlocal papers (the myriad 20k-circ dailies and weeklies) are doing great right now, primarily because they provide coverage of news and events that isn't available anywhere else.
A handful of national papers will survive, too, in order to satisfy those who still enjoy getting national news from dead trees (a segment that, while shrinking, is unlikely to completely disappear). My money is on The Wall Street Journal, USA Today, and perhaps The New York Times weathering the storm.
Mid-level papers, on the other hand, are doomed. They are the "mushy middle," satisfying nobody's needs well.
I used to work at a newspaper, and I feel sentimental about them, but emotion does not change business reality.
The only thing I will miss from 'news printed on paper' is the crossword puzzle. My grandmother would miss the obituaries.
I am confident that the news organizations which do a good job of keeping government in check will survive, though the delivery medium will likely become entirely electronic.
All of this is possible, but the change is so dramatic that most newspapers will not do it or will go into shock and instead of focusing on long-term recovery will destroy the one asset they have (a local audience) by adopting fast-money tactics (obnoxious banners and spammy marketing).
Clever filter :).
Or: when vinyl is gone, what will you miss?
Etc.
relaxing morning read without getting sucked into internet. i still prefer the multiple perspectives and interaction i get from web 2.0 news, but i can imagine the nostalgia for simpler, more passive times :-)
also, nytimes is really annoying to read online because i have to find login info.
They're actually quite vile: The webcomic artists depend on the ad revenue received from people visiting their sites, so the scrapers which aggregate other web comics end up leeching bandwidth while snatching revenue from the content creators.
The last comic I can remember that tried to take any real advantage of the print medium was Calvin and Hobbes.
A newspaper then has several options for displaying the Sunday comic. They can run the full 12 units. They can eliminate the 4-unit title and run 8 units. They can also substitute the 4-unit title for a 1-unit title and run a 9-unit strip. They can drop the 2 unit throw-away joke for a 10 unit strip. They can drop the title and throw away joke for a 6 unit strip (smallest they can run).
After Watterson's sabbatical in the early 90s (I think it was 1990), he fought for a full 12-unit (in a 4x3 layout), and won (since his strip was so popular), in which he was able to work without any constraint. He could basically do a huge 1-unit Sunday strip, or a 24 small panel strip, or strips without panels, or what ever he felt was needed for the Sunday strip. The artwork for the late Calvin and Hobbes Sunday strips was phenomenal and probably nothing like it had been seen for 60 or 70 years (and nothing like it since).
But didn't he remove a special limitation of newspapers instead of exploiting a special feature?