Newspapers Future?

 from CNNmoney.com 

Can the Washington Post survive?

Newspapers are dying. At the Washington Post Co., CEO Donald Graham is banking on the Internet to save serious journalism. If he can’t figure this out, nobody can. Fortune’s Marc Gunther reports.

This story in Fortune about the financial problems of the Washington Post started me thinking about if it’s possible for newspapers to reinvent themselves on the internet and still be profitable.  As good a website as Washingtonpost.com with their innovation in online content and with people like Tom Kennedy and Rob Curley in management and yet they still are only generating one fifth the revenue of the print edition.  Is this trouble indicative of the web business model not being able to replace the print revenue model?  I question the future of newspapers that started as print business models being able to make the transition to an online entity and be profitable.  The successful online news organization may have to be the one that starts from the ground up as an online new media platform with a business model that supports the platform. Please let me know your thoughts on the status of online newspapers and reaction to this Fortune article.

Advertisements

~ by rhartmedia on August 2, 2007.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

 
%d bloggers like this: