Several years back Eric Schwartz CEO of Google made an appealing comment, he said he didn’t know when, but he thought that the Internet would eventually replace newspapers, or that newspapers would evolve into different things than they’re today. Obviously, no established business ever desires to die, and the major newspapers in the United States are experiencing a heck of an occasion making a profit. When it weren’t for the 2008 presidential elections with Barack Obama and his campaign spending over $700 million in advertising, many wouldn’t have managed to get this far.
Now the major newspapers are complaining about a number of things, including copyright infringement (in reality that’s been an excuse), and they’ve asked the Federal Trade Commission to look into this, to give them more protection, since the Internet is stealing their business. pool result Is the Internet and the blogosphere really stealing the industry out of underneath the newspapers? Or can it be rather that the newspapers are failing woefully to evolve in this new paradigm shift.
And it’s not only in the United States, in France “The Le Monde” is making less and less every year, and finding fewer subscribers. Only the Wall Street Journal, and USA Today had increases in subscriptions this season, whereas all of those other major daily newspapers, were losing money, and losing subscribers. These are the Wall Street Journal, there was an appealing article by Max Colchester titled; “France’s Le Monde Seeks Sale.” Obviously, they saw the writing on the wall and realize they’re in a losing game, and are therefore selling their newspaper, one with a rich tradition there.
This is a worldwide issue apparently, not only in the United States, this indicates rather unfortunate that our government is ready to prop up just one more industry, or provide barriers to entry in a competitive marketplace, or even bail out the newspaper industry and other portions of the media, as they did Wall Street, the banks, and the auto industry. Currently, the reason newspapers are losing subscribers is basically because their content isn’t that good anymore.
As an example, within my area I could get the LA Times, the New York Times, and the local newspaper, and go through them at the local coffee shop. I often find Associated Press filler, meaning this same article appears in most three newspapers. This is because each of the newspapers has cut their staff, and reporters as opposed to competing available on the market for better editorial content. They have shaved costs to compete, and therefore they’re no more giving quality content to the reader. Thus, they don’t deserve to survive.
In this instance, you should expect the readers to migrate to other news sources, like the Internet. For the Federal Trade Commission to get involved in a competitive marketplace for news, means that they may set up barriers to entry online to save lots of a number of newspapers who do not worry about their readers, continually cut down trees, and think they could escape with it. Further, the FTC is designed to mean competition available on the market, obviously not in this case. Please make an email of that.