Saturday, July 12, 2008

And so it begins


In this article from the The Daily Telegram, a Wisconsin paper, reveals it will publish daily news, photos and video on its Web site and reduce it's print edition to two days each week. It intends to remain a paid subscription print edition. Hmm...

Let's start with putting some of the article here since one is required to sign up for a membership (it's free, but a hassle) to see the story:
Following a growing trend in the newspaper industry, The Daily Telegram will refocus its emphasis toward Internet publishing, company executives said today.

The Telegram’s Web page, www.superiortelegram.com, will become the primary source of day-to-day breaking news, said Publisher Ken Browall. It will feature printed news and photos of events as they happen seven days a week, along with audio and video clips.

Online news coverage will be supplemented by a twice-weekly printed version of The Telegram that provides exclusive Superior and Douglas County news and sports features plus a wide variety of community news and columns not offered by other Twin Ports media, Browall said. The twice-weekly Telegram will remain a paid circulation newspaper.

Internet publishing has grown in popularity as traditional print advertisers have gradually moved to the newer medium. Meanwhile, print advertising revenue has declined nationwide, and newprint costs have grown. This year, the revenue stream has been particularly weak as the struggling economy, poor credit conditions and slow hiring has hurt traditionally strong classified advertising customers in the automobile, real estate and help wanted sectors.


Okay, here's my brilliant idea. Instead of reducing the number of times per week a print edition is produced, newspapers should instead make people buy the print edition in stands and make sure Web content is available to subscribers, first thing, everyday.

For the old fashioned people who wish to receive print papers at their homes, newspapers could charge them a special rate, more than the online edition but less than if you bought it in the stands.

Here is why I think this will work: Newsprint is expensive and limiting. The Internet is cheap and limitless. With more innovative placement of advertising, newspapers can sell ads online, save money on ink and newsprint, still produce the product people are used to getting, still get subscription numbers to use when selling ads, offer similar penetration, attract younger audiences, incorporate more styles of storytelling, and still satisfy the older generation who can't imagine getting their newspaper online. If newspapers are almost exclusively sold in boxes, the paper still has the chance to attract new readers and distribute news to those who aren't regular readers.

Of course, this means that the Web site has to offer cell phone compatible Web sites in addition to the full sites. These sites are much simpler though, and should be easier, not harder, to create.

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