Monday, March 20, 2006

"Newspapers in an Economic Storm"

A couple of telling quotes from this WaPo article:

Tom Rosenstiel, a former reporter and now director of the Project for Excellence in Journalism, believes two problems have damaged usefulness and profitability. "Too many newspapers are edited for journalists, sources and prizes," he said.

MediaNews CEO Dean Singleton says: "It's not that we're a declining business, we're in a changing business. ... We have a generation of newspaper people who want to write and impress our peers and sources rather than impress our readers and get them to read us, whether in print or online. The economy of the newspaper today will not allow us to do that any longer. To operate more efficiently, we will need fewer editors and fewer process people and hopefully more people on the street gathering news.

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