And the death march continues. Yet, again, we read about more job cuts and newspapers folding:
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Time Inc. will cut 600 jobs
- Christian Science Monitor quit publishing a weekday paper
- Gannett will cut up to 3,000 people, or 10 percent of its workforce
- The Tribune Co. will cut the Los Angeles Times newsroom by 75 people
- The Star-Ledger of Newark will cut its editorial staff by 40 percent
As The New York Times points out: It’s not an audience problem, but a consumer problem.
It’s not that people have simply stopped reading the news; most have just stopped reading the newspaper.
With the advent of handheld devices, RSS feeds and news alerts, these conveniences have eliminated the need to sit and read the newspaper cover to cover. People can now get news at just about any location and not just from front stoops.
But as more readers find less use for the printed newspaper, publishers have more trouble attracting advertisers — hence job cuts, slimmer papers and even newspaper deaths. And it is going to get tougher.
As emerging technologies become part of everyday life (if they’re not already), newspapers must find a way to create advertising opportunities for each one of these avenues, such as pay-per-click, mobile ads, day-parting, ads targeted at specific user profiles, and more. They must get creative on how they sell ads: Bundle packages that include print, but attract advertisers with technologically advanced advertising streams.
The audience is still there, and advertisers still need to reach it. Newspapers just need to find a way to connect the two.
Related Posts:
Blog Series — The Battle for Influence: Print vs. Online Media
Part 1 — Newspapers without the Paper?
Part 2 — Views from the Mainstream
Part 3 — Print Media Is Losing
Part 4 — Public Relations: The New Fundamentals
Lyndsey Walker is a Consultant for PR 20/20, a Cleveland-based inbound marketing agency and PR firm. After five years in the journalism field, she is happy to have made the switch to public relations.