Thursday, February 26, 2009

Who'll Stop the Pain?

Recent unpleasant developments in the newspaper business have not been unexpected.

Nevertheless, Editor & Publisher has been filled with bad news for journalists lately — news that supporters of freedom of the press have been hoping could, somehow, be avoided.

But that, it seems, was not to be.
  • The owners of the Rocky Mountain News were unable to find a buyer for the newspaper; consequently, it will fold after tomorrow's edition — and nearly 150 years of publishing.

    According to E & P, the Denver Post, which has had a joint operating agreement with the Rocky Mountain News since 2001, has already hired some of the newspaper's top staffers.

  • In Connecticut, the Hartford Courant announced plans to lay off 100 staffers this week.

    "That brings the news staff to 135, or just more than half the newspaper employed last year," reports E & P.

  • In San Antonio, the Express-News is cutting at least 75 newsroom staffers. The move has been called "a fundamental and painful restructuring of the newsroom staff."
Who'll stop the pain?

2 comments:

Mike said...

It seems that the internet has a part in the demise of printed news. People get their news in bits and pieces from yahoo and other sources, it has become a fast forward society where people don't take the time to read the news over a good breakfast and a nice cup of coffee. It really is a shame.

David Goodloe said...

I wish it was that simple, Otin.

But what's killing newspapers is the combination of a decrease in readership AND a decrease in advertising revenue.

The loss of advertising revenue, which has always been the lifeblood of newspapers, is really the killing blow.