Deep Impact

Newsosaur;

With the $6.6 billion drop in print revenue dwarfing the $121 million increase in digital sales, newspapers between 2006 and today lost a staggering $55 in print revenue in the third quarter for every $1 in new digital dollars.
But, wait, it gets worse…

21 Replies to “Deep Impact”

  1. The pay-for newspapers in Calgary are chock-a-block full of colour adverts for new cars & trucks. GM & Chrysler duke it out everyday. As do all the majors.
    And the dealer yards look jammed with stock.
    Maybe its that 74-80 month payment thingy…

  2. Looks good ’em. I’ve cancelled all my newspaper subscriptions but one & that will soon go too. There are no journalists left, or should I say all the “journalists” are left. And that’s not reporting.

  3. Google, Facebook, Youtube.
    Generating billions of dolars in advertising revenue.
    At the expense of. . .

  4. Funny, by coincidence I’ve just hung up on a call from the Grope and Flail before I read this. They call me every day at about lunch time and they always grossly mis-pronounce my name. I always reply that they have the wrong number and then hang up, but it may be a sign of their desperation that next day they try again, interrupting my lunch. Judging from the accent, and the pause before speaking the call seems to be coming from a call centre in India. Anyone else experience this phenomenon?

  5. Two things I conciously try not to support at this time are :the lame stream media or any goods coming out of Kebec.
    These people are welcome to my support…when they get their sh*t together …not before.
    Oh and also Gov’t Mtrs.

  6. albertaclipper-
    Same experience here as well. I tell them one time to eff off or else. Funny though, I subscribe to the do-not-call list but for some reason, the odd call gets through.

  7. The author missed the obvious…people are getting fed up with the leftard bias in most of the media.Lefties DO NOT but,read,or search for news,as they are better at just regurgitating what their masters say.Lemming/sheep indeed.
    Faster please.

  8. I once had the pleasure of explaining to a editorial board member at the Wpg Freep how internet advertising works.
    I also got to express my opinion that some decent editorial content would go a long way toward improving their market share. I told him that ONE tabloid (The Winnipeg Sun) was more than enough and that it was stupid to try to compete for space that was already thoroughly occupied by the competition.
    It turns out that the Freep chose to go the low road and abandon any thoughts of actually stepping up the quality of their product. And so … this is where most print publications have gone.
    But why do they all go leftard?
    Because that is the easy way. No thinking, no new ideas, no pesky facts to make life difficult. Just plenty of prepackaged garbage to regurgitate.

  9. Gentlemen
    CALL DISPLAY. Do not answer if it says ‘unknown’ or ‘private’ or a phone number from an area code you don’t know. I think you can figure out a 1-800 number too…..
    Screen your calls. More than worth the 10 dollars a month.
    The moochers will keep calling if you keep answering. Its the beat you down approach.
    If the call is important, they will leave a message.

  10. They have nothing original to say, getting the same talking points from “upstairs” as the rest. They have been bought and paid for. They know it and we here know it, but the people who don’t pay attention don’t or care, and that’s their ticket. Trinkets, food stamps/welfare and a non-education of self esteem awareness will keep them sufficiently in place to vote properly next time, for a new cell phone.

  11. The real question is whether all those electrons contribute less to the Greenhoax Effect than paper from trees.
    Not that liberals care, but it would be nice to tell them that they have to buy more carbon credits from iTunes.

  12. Let them die like the swine they are. As a pig subsists on garbage so the “journalist” does Marxism to blight human life.

  13. While you guys celebrate the demise of journalism, can you please tell me who is actually going to do the reporting and investigation that holds the powerful to at least some semblance of responsibility? Maybe journalism ain’t pretty, but I think the alternative is a whole hell of a lot worse. Blogs and digital media are nice, but they are not even in the same league as the newspapers when it comes to uncovering and reporting news.

  14. Mister Curious….
    Where there is a true need, then Locke’s invisible hand will fill the need. Welcome to the free market.
    You can already see some new organizations trying to fill the need of news consumers. Many of the new ones are biased left or right, but wear the bias out front therefore a smart consumer can account for it.
    The deadstream media doesn’t realize they have been outed. Their “news” coverage isn’t unbiased as they try to portray themselves. It is this lie they tell themselves and thus you, is part of what is killing them.
    The other side is the erosion of our education system coupled with the “celebratization” of our society. Who cares what someone hired to say lines to a camera says about topic X? I should be about the message, not who delivers it.

  15. Mister Curious….
    “While you guys celebrate the demise of journalism … when it comes to uncovering and reporting news.”
    Oh , by reporting , do you mean the omissions , fabrications and outright lies presented by the MSM in general?
    Lets see … Libya , Arab Spring , US election lies and omissions , Robo Calls , climate change , just to name a few.

  16. Clear evidence that no one in j-school teaches accounting. What is of concern is NOT “revenue” but rather “profit.”
    When newspapers stop printing, about half (or more) of their expenses go bye-bye. Therefore, their revenue could fall by half, and they’d come out even, or even a bit better.
    The problem is that most newspapers can’t sell a digital ad to save their lives, let alone sell a digital ad campaign. Most editors think of their Web edition as simply an electronic piece of paper, instead of the wealth of possibilities that it presents (starting with freedom from limits on length, links to other articles, lots of pictures, video, etc). They think of the Web as their enemy — certainly this writer thinks of it in that way.
    The “Web” is 20 years old now, and it’s not going away, and it’s about time that “newspapers” either fix their situations or pull the plug.

Navigation