The end of Newspaper is coming “soon”
When is the Dooms Day, where’s the next tsunami, and more recently, when is the end of Newspapers. There are thousands of people who have tried to “predict” the end of newspaper, like psychics and fortune tellers, predictions are just estimations that don’t have enough back-up information. I’m not here to tell you when I think Newspaper industry will die, I am just combining the most logical reasons why I think the history of Newspaper will end soon.
Nothing can beat “free”
The major newspaper companies met last week outside of Chicago and tried to create an agreement so that all newspapers charge for content to cover their lost. What I don’t get is why people would pay for something that they can get for free, what extra value can they bring? Two generations are used to/ born with free content, and people would not change all in a sudden just to keep the loosing newspaper businesses profitable.
Social Networks
Since the rise of Facebook, and many other different networks like Twitter. It’s hard not to keep ourselves updated on daily news. Instead of digging around to “get” news through different channels like TV and newspapers, news these days come to you. For example, if you are following the right tweets, you can easily finish your daily news reading in 10 minutes by going through people’s updates and see what they are talking about. Social Networking is like being in a room 24/7 with the people who you have similar interest/ people who interest you, and these people deliver you news that interest you.
Blogs
Blogs are getting bigger and bigger in scale and they break news more often than ever (especially technology and entertainment content), you can get information as-it-happens, so why wait for the next day and pay for the Old News?
Eco-friendly trend
Digital solutions not only provide better/ same value as newspaper in content, but also cut the use of paper.
Most of all, financially
I don’t think I need to explain this in detail, online-ads revenue will eventually beat newspapers. Below is a map showing the number of Layoffs and buyouts at U.S. newspapers in 2009 from papercuts. Laying off employees is a short-term solution, it also lowers employee loyalty and workplace morale. A long term solution is to migrate resources into digital and act before competitors do.





