General state of the industry thread.

The linked article, which I just pulled from the Papers Dropping Print Editions thread, says 70% of the print subscribers to these four papers in Maine have not signed up for an electronic product. A newspaper's revenues still seem to come from print.

And is the 70% non-participation rate typical at other papers around the country?

 

Ultimately this is why the Gannett/Gatehouse merger is a sham. Management is promising hundreds of millions in savings to pay off 1.8 billion in debt. But they are simply not enough to fire. Even if Gannett firs Brad how much do they save? And then they have run out of positions to cut.

 

This is pretty significant. Let's face it, the boomers aren't interested in the web product of a newspaper. They want the actual fishwrap and if they only knew the crap that will be in the fishwraps in the future with all the early deadlines across America.