FileNotFound
Well-Known Member
- Joined
- Apr 19, 2003
- Messages
- 5,902
I want to argue against that.
What I've read is that with the possible exceptions of The New York Times, The Wall Street Journal and The Washington Post every daily newspaper in the United States generates more revenue from their print editions than online. Is that true?
More top-line revenue? Yes. Enough to cover the costs of production? Soon, no. Year-over-year growth? Definitely no. And with inflation having reared its ugly head, the ability to tread water by raising the price of the print product won't work anymore. As the price of everything else goes up, readers are catching on to that.
The print product exists to serve a market that is aging out, and its customers aren't being replaced. It's not like people my age (mid-50s) are suddenly going to start subscribing to print newspapers when we turn 70.