Do you read Print Media?
The current financial crisis is finally hitting print media and forcing many to move towards a digital revamp. A recent announcement by the Financial Times newspaper to downsize, is an indication that the year 2009 will be a “crucial year” for traditional print media.
At least 80 staff across the Financial Times global operations face redundancy. There has also been talk of outsourcing a good chunk of work done by in house staff. This will no doubt leave some journalists employed by FT quacking in their boots. It is hoped that switching to digital media, will help the Financial Times expand their reach and make the running of their business more effective as well as less costly. Many media companies are putting hold on their expansion plans.
The susceptibility of print media could make blogs even more popular. Blogs which tend to be labeled as amateurish and inaccurate could emerge as a more popular brand for reading.
For the more experienced blogger who focuses on opinion in a specific area, the editors may come seeking for information in their specialized subject. Newspapers have been known to commission well established bloggers to write articles.
Print media has always been popular, we may not see a complete digital revolution... Print media firms are going through a difficult patch during this recession and may stick to online for a while.. hope it will emerge back to print once this crisis is over!
I still prefer reading Gulftimes in the morning to online reading.
The problem with Print Media...is that it is limited to the extent of the editor. Also one has to put it down when one is moving out of office or home.
One news paper cannot carry all the news of say India or Srilanka, etc
Eg the Mumbai Terror attacks I had to refer to a lot of online news to get even more info.
Another eg is Australian Open is on us and if one wants news of Sania Mirza one has to go online.
On online news one can get links and read more.
I think the problem with the US/European newspaper sector at the moment is that the newspapers are just not very good. Far too many have done very well out of the booming advertising market. Now the ads have dried up, there's nothing left.
It's sad the FT is suffering, but it'll survive with fewer staff. It still has a core business in supplying financial analysis that is better than you'd get on TV or in another paper. Sadly, the paper doesn't have a good track record with its website. I used to buy the paper and visit the website when I lived in London. Then they started charging for all the interesting stuff online and they lost me.
to another 10 newspaper online to verify the truth and genuiness of the news; but many a time all news are more or less replicate.
yes it is..
Source fo FT cutting down staff is
http://www.marketwatch.com/news/story/Financial-Times-cut-80-jobs/story.aspx?guid=%7B7BC63889%2D009F%2D4019%2D8727%2D00C10618F2B3%7D
we are not only discussing local issues here...it is a post about reading hard copy newspaper and not about news! This news about FT cutting down 80 staff…..made me think about this..
Who told you people are not interested in news? ..they were and will always be interested in news...
I agree with you...but what I was trying to say is in general people are more into online reading and print media is reducing its popularity. You being a journalist, I can understand your concern..
someone else :-)
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People are still interested in news. In the past two weeks, visitors to Al Jazeera's website shot up, and I'm sure their TV viewers have increased too. That's because they're providing the news people are interested in.
Over the past year, newspaper readership in Asia has increased. That's partly because of increasing literacy and changing demographics, but it's also because a lot has been happening, and people want to know about it.
In Qatar, twenty-five thousand people a day now receive The Peninsula's front page by email. I don't know how many people read it, but I know that giving away the news for free has increased interest in the paper, not diminished it.
Before you see doom and gloom in the local newspaper market, first ask yourself: "Is this a problem with US and European newspapers, or is it applicable to family-owned, debt-free newspapers in Qatar?"
source of what??
Please quote your source ...
Did you Google it first?