Newspapers RIP? Not really.

Duncan Mcleod from the Financial Mail wrote this doom ‘n gloom piece on the end of newspapers. It’s actually one of the better pieces I’ve read on this rather emotive and fashionable subject.

He says: “Newspapers are facing the greatest threat in their 400-year history. The rise of the Internet as a publishing medium is undermining, and could ultimately destroy, print as a news medium. Is that such a bad thing?”

I don’t think newspapers will ever die, at least in the foreseeable future. What will happen is that they will adjust to market conditions: this will mean that cover prices will rise dramatically and their audiences will fall dramatically, that is they will be an expensive niche (which is still a good business model). That would be the response to the changing market conditions Duncan refers to in his piece. But I don’t think however it will lead to the newspaper market disappearing altogether.

Comments (4)

  1. Vincent Maher wrote::

    Aparently someone from Naspers is going to/has published a rebuttal in the FM, I’m keen to read it.

    Tuesday, February 20, 2007 at 11:33 pm #
  2. Yeah would be great to read. I do think the piece was well written… but don’t know if the effect will be as daramatic (or as quick) as the piece seemed to intimate

    Friday, February 23, 2007 at 2:30 am #
  3. Duncan McLeod wrote::

    Andreij Horn’s column:

    http://free.financialmail.co.za/07/0223/opinion/bopinion.htm

    Monday, February 26, 2007 at 6:26 am #
  4. matt wrote::

    Very interesting — Duncan, what do you think Of Horn’s comments?

    Monday, February 26, 2007 at 6:53 am #