The shrinking newspaper business

Bloggers are heavily dependent on mainstream media, for ideas and for use as a football. The newspapers benefit a lot from the increased traffic sent by the bloggers and many columists get wider audience due to discussions in the blogosphere. But now New York Times has decided to make people pay for reading Friedman and Dowd

Beginning Monday, the Times will begin charging $49.95 a year to people who don’t get the paper delivered at home for access to those writers as well as other columnists for the Times’ business, metro and sports sections.[N.Y. Times website to charge for access to featured columnists]

They need to pay their bills, but I don’t know if many people will subscribe to their online service. Both San Jose Mercury News and San Francisco Chronicle too are shrinking their newsrooms.

4 thoughts on “The shrinking newspaper business

  1. Try Syndicated NY Select columns from
    http://www.johntabin.com/neverpayretail/
    http://www.truthout.org/
    Cost of delivery news thru web is cheap(atleast text). Newspapers dont have a solid strategy to generate revenue from their web sites. They can start out cheap to attract audiences. After that based on the volumes they can increase the prices or keep it same. If they are going to be greedy then they will lose out market to websites like Google News.

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