The AP is reporting on a near avalanche of newspapers that are either closing down their print operations or making severe cuts. Apparently things aren't looking up for old media:
The pall looming over U.S. newspapers grew even darker Monday as Gannett Co. informed most of its employees that they will have to take another week of unpaid leave this spring, while a Michigan daily unveiled plans to close its print edition after 174 years.
And The Plain Dealer, Ohio's largest newspaper, also ordered pay cuts and 10-day furloughs for nonunion employees Monday to cut costs as advertising revenue drops.
The moves were just the latest sign of the distress afflicting newspapers across the country as they try to cope with a dramatic shift in advertising that is forcing publishers to figure out how to survive with substantially less revenue.
The report is overflowing with newspapers across the country that have been forced to implement more and more drastic cost saving efforts in order to stay afloat. Now, its been clear for quite sometime that the newspaper industry has been hurting but it seems that the situation continues to worsen:
Like most businesses, newspapers have been hard hit by the deepest recession since the early 1980s. But the blow has been especially devastating for newspapers because they were already losing readers and revenue to the Internet, where news can be easily found for free and the advertising rates are substantially lower.
The Internet's allure, coupled with the punishing recession, have caused annual advertising revenue to shrivel by 20 percent to 30 percent at some newspaper publishers since 2006.
Not surprisingly the AP skips over an important factor in these papers' collective downfall. That factor being their obvious, undeniable, and (thanks to NewsBusters) well documented liberal bias. While it is certainly true that old media's failure to quickly adapt to a new media world has been one of the main causes of their struggle it is equally true that their utter lack of professionalism and objectivity has played a key role as well.
After all, if nobody wants to read the worthless dribble you're producing then of course nobody will want to pay to advertise on your worthless dribble. It's simple but true. Yes, even if they were objective and respectable these media outlets would still be hurting in this recession just like everybody else but undoubtedly if they had not alienated large swaths of their potential readership they wouldn't be hemorrhaging cash quite so bad.
Unfortunately for us but fortunately for the papers it looks like they might soon be tag-team rescued by the government and tech giant Google. As Tom Blumer reports here at NewsBusters, Dem Senator Cardin has introduced a bill intended on making it easy for papers to restructure as non-profits:
In the short run, Cardin's bill would give well-to-do Democratic activists, perhaps including many of the "private investors" Tim Geithner is looking at to buy up "toxic assets," a chance to fund the newspaper of their choice and turn it into a pet project for subtly and not so subtly promulgating their worldview. How about the New York MoveOn Times, or the Washington ACORN Post?
Over a longer period, it seems to me that what would develop out of this would be any number of single-city NPRs that would attempt to control the tone of, and access to, political coverage in their respective locales. They would give perfunctory lip service to token print operations, while having large and unfair cost advantages over their taxpaying for-profit competitors.
And, as if that wasn't enough, Michelle Malkin wrote on the absurd demands that old media has given to Google. It seems they don't enjoy having to earn their position in Google search results:
This would be funny if it were not so pathetic. Newspaper publishers want Google to adjust its search engine rankings to give preferential treatment to Old Media. The industry is in trouble and it’s looking for any help it can get — and anyone to blame:
Major media companies are increasingly lobbying Google to elevate their expensive professional content within the search engine’s undifferentiated slush of results.
Many publishers resent the criteria Google uses to pick top results, starting with the original PageRank formula that depended on how many links a page got. But crumbling ad revenue is lending their push more urgency; this is no time to show up on the third page of Google search results. And as publishers renew efforts to sell some content online, moreover, they’re newly upset that Google’s algorithm penalizes paid content.
What's worse is that Google may be considering caving to the absurd demands of these hacks:
The really sad part of all of this is that apparently Google is considering changing they way they do things. They’ve held closed door meetings with the big publishers and plan to do so again. If they altered their algorithm and pandered to the cries of the publishers, then the internet would change in the most perverse and profound way in its 20-year existence. If you take away its democracy, you take away its very ethos and the web becomes an evolution of print rather than a new media in its own right.
The supposed decline in "professional" journalism caused by the failure of the old media is far less alarming to me than the solutions that seem to be poping up to save them. Just think about it, what will happen if the New York Times is able to openly accept funding from left wing billionares and then force Google redesign its entire search algorithm in order to make sure that people are reading their work?
That's something that I don't think anybody reading this post would ever want. Yet it's a possibility that is looking more and more plausible by the day.



















Editor at Large
Comments Policy
Cardin's BS
March 25, 2009 - 12:29 ET by JDWOperate as non-profit, government owned.
JDW
DAILY WAVE
The government works for me, not the other way around
For Non-Profit Statuts to Matter
March 25, 2009 - 13:54 ET by allanfyou have to make a profit. The problem is that these businesses are hemoraging money. Their business models have failed. Even if the advertising is subsidized (funny charitable deductions won't be fully deductable), they still need the readership base for it to be worthwhile.
There's more to this
March 25, 2009 - 15:27 ET by slickwillie2001I suspect that there is something to this that we are missing. If they are non-profits could they then compete with ACORN for those billions in bailout slushfunds? Are non-profits exempted from planned EFCA legislation? Does other expensive-to-comply-wth legislation in the area of environmental, labor, energy, etc, not apply to non-profits? Will non-profits be exempted from Carbon cap and trade?
This needs digging. I sense we are being snowed by democratics on this.
Pravda anyone? Can TV
March 25, 2009 - 12:41 ET by d1carterPravda anyone? Can TV networks be far behind?
this has polosi written all over it
March 25, 2009 - 12:43 ET by larry on LIthese fools will stop at nothing to gain any control.these 'tools' love to use the word "broken" ,well if it's broken don't let the government try to fix it.
I wish there were an easy
March 25, 2009 - 12:49 ET by MANstreammediaI wish there were an easy way to measure the objectivity/integrity of a paper so that one could show the correlation between garbage journalism and newspaper failure.
I guess we can do this less scientifically though. If any of you regularly read a newspaper that doesn't spew garbage, is it in less danger of failure than these other notable/horrible examples?
Google is Evil
March 25, 2009 - 13:05 ET by slickwillie2001Google already has a liberal bias, if they push it further it will ensure their downfall, and that will be a good thing for our country. I don't understand why new search engines have not been born which advertise and guarantee no political bias. I would be their most enthusiastic customer.
Government Controlled Press
March 25, 2009 - 13:14 ET by allanfWill we be heading for an era of government owned and controlled newspapers? Heaven forbid Murdoch buy the Wall Street Journal. But Barack can run the Times.
how sweet it is...
March 25, 2009 - 13:45 ET by wizardjrI love schadenfreude. The sound of "bodies" hitting the floor is sweet music.
However...
This is stacking up to be a spin off of 'Resident Evil', though.
Awwww, Poor MSM Prapaganda Outlets!
March 25, 2009 - 16:09 ET by nofateA little off topic, but I just watched this video at American Thinker, "If Republicans Had Any Guts", of Daniel Hannan, a conservative member of Parliament that our pols all need to watch. Where are the conservative members of our House or Senate that would stand up and say this to Obama and his henchmen? Instead our Republican so-called conservatives use Rush, Hannity, and Levin for cover so they don't have to appear to nakedly against Obama. Do you want Obama to succeed or not??? Where's your balls??? Shriveled up inside, it looks like. Kudos to Mr. Hannan.
The pols are still leaving it up to the talkers with the targets on their backs, taking every opportunity to run the opposite direction and not cover their backs ala the "fairness doctrine". Read Mark Levin's new book. If the pols can't grow a set, the voters are going to have to.
"The future is not set. There is no fate but what we make for ourselves."
michaelyon-online.com
Too bad. My grandmother
March 25, 2009 - 17:10 ET by RR GOPToo bad. My grandmother told me that the best way to clean glass is with water, vinegar and wipe with a newspaper.
Huh.
One of the 34% who thinks George W. Bush was a great President. One of the 61% who wants to bring back the stock and pillory (yep...approval for Congress now at 39%...do you believe that!?).
failing papers
March 26, 2009 - 03:40 ET by LoosMooseThe newspapers are failing because they have been spewing out liberal tripe for so long that there are no journalists left. Those that make an effort at the profession have the same lack of grammar skills as they do a willingness to dig for a story. But in their defense, not being allowed to report on anything negative to the liberals in America means that they are down to reporting on what brand of T-shirt Sarah Palin is wearing at a public function. No skills, no talent, no stories, no profit, no need.
Let THEM FAIL. It's an amazing thing about Capitalism... if you produce a quality product at a fair price, business does quite well. If you can't compete....well.... go to work for someone that can and take notes.
I had a nightmare that Keith Olberman was run over by a bus,....... and lived.