toledoramblingman posted at 01:40:28 PM on Nov 27, 2012:
Only a fool would pay to read news on the Internet.
Good analysis. Concise and poignant.
And only fools dine at restaurants because they could save a lot of money by buying the food at the store and preparing it at home. I can't believe able-bodied homeowners outsource their lawncare functions to a for-profit business. It must have something to do with choice.
The way the media landscape is rapidly changing in the United States, soon it will be only fools who pay to read news on printed paper, assuming the print option even exists. Some small orgs or clubs that provided its paying members with a printed newsletter have switched to digital-only. It's the trend.
The newspaper industry has spent the last 10 to 15 years trying to adapt to the technological changes that have caused us to consume information in new ways. It may take several more years of innovation before the newspaper industry finds a sustainable model. They have to try new things and maybe fail at times in order to get to the solution quicker.
It's expected that in two or three years, most of the Web access in the U.S. (outside of work) will be done on smartphones and tablets and not on desktop/laptop computers.
A few of my recently collected media links :
November 2012 - Newspapers report ad revenue loss for 25th quarter in a row
November 2012 - Mobile-first and the future of media
October 2012 - Digital first isn’t an option for media — it’s the only way forward
October 2012 - Future of mobile news
October 2012 - More Tablet Owners Read News than Use Social Networking Sites
October 2012 - Trends show online ad revenue will overtake print this year
October 2012 - By year’s end, tablet users in the United States alone are expected to exceed 70 million, up from 13 million just two years ago.
August 2012 discussion How will readers consume long-form journalism five years from now?
July 2012 - Which mobile devices are owners using most frequently for news?
July 2012 - The iPad becomes the evening newspaper
July 2012 - Mobile Is Where The Growth Is
September 2012 - Pew: Half of Americans get news digitally, topping newspapers, radio
More Americans get news online than from radios or newspapers.
"Only about a third (34%) of those younger than 30 say they watched TV news yesterday; in 2006, nearly half of young people (49%) said they watched TV news the prior day," the report says.
October 2012 - Less Than A Quarter Of Americans Read Print Newspapers
... just 23 percent reading a print newspaper.
... a declining proportion gets news or reads other material on paper on a typical day. Many readers are now shifting to digital platforms to read the papers.
Substantial percentages of the regular readers of leading newspapers now read them digitally. Currently, 55 percent of regular New York Times readers say they read the paper mostly on a computer or mobile device, as do 48 percent of regular USA Today and 44 percent of Wall Street Journal readers.
October 2012 - Let me guess: You sleep with your iPad, don’t you?
A study released by the Pew Research Center’s Project for Excellence in Journalism finds most news junkies who own tablets use them before 8 a.m. and in the after-work hours.
For many, more devices means more news, according to the study. Pew found 43 percent of tablet owners say they are getting more news now than they were before they got the device, and 31 percent say they’re adding new sources into their information diet.
Nearly a quarter of U.S. adults now own a tablet, and more than half of U.S. adults have smartphones.
People who get news on their devices multiple times per day, on either the smartphone or tablet, tend to turn to more sources, get news from new sources, read in-depth news articles, watch news videos, and send and receive news through email or social networks.
Tablet news consumers who get news more than one time during the day are also twice as likely as those who get news once a day to have paid for news on their tablet.
... fewer people, as a percentage, reported paying for the news on mobile devices in 2012 compared with last year. Pew chalks that up to the broadening population of tablet owners — and not necessarily a decline in willingness to buy the news.
Pew’s findings also reinforce the idea that tablets are an after-work “lean back” experience for most users. Evening remains the most popular time of day for people to turn to their tablets.
And while tablet owners reported scanning headlines on their devices, they’re also turning to them for longer reads. Some news organizations have already built editorial schedules around these habits.
Most tablet and smartphone users are still relying more on mobile browsers than on news apps, by a ratio of more than 2:1. Those who prefer apps tend to be more engaged with the news, Pew found.
So where does the old-school portable news product — print — fit into the mix? Not all of the most plugged-in news consumers have abandoned the medium. Most people opt for some bundle of digital and print habits, with a quarter of those surveyed saying they’re considering switching out the print component for digital-only.
Consumers who use tablets, smartphones, laptops, and print reported spending the most time getting news on a tablet — 77 minutes — and the least time getting news on a smartphone — 51 minutes. But print only got five minutes more attention than smartphones.
October 2012 - New York Times circulation up 40% as newspaper numbers generally flat
The New York Times reported a 40 percent increase in Monday-Friday circulation, driven by digital subscription packages, with a 28 percent increase in Sunday circulation over the same time last year. The Times now has about 25 percent more digital subscribers during the week than print subscribers. On Sundays, print subscriptions still exceed digital.
The Times is not the only paper shifting to a more heavily digital mix, as Rick Edmonds’ analysis explains. ABC reports that “digital circulation now accounts for 15.3 percent of newspapers’ total circulation mix, up from 9.8 percent in September 2011.”