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The newspaper saga: A possible solution?

January 8th, 2009

Sometimes the solution to a complex problem is simple.

Sometimes the solution to a complex problem is simple.

CNN recently hosted a debate over the ailing newspaper industry, touching on topics like newspaper publisher complacency, newspaper readership, and budget cutbacks. Whatever stance you take on the subject, one thing is clear, ad revenue for newspapers is drastically low this year. This shortage has forced some newspapers to go completely online, others to reduce home deliveries, and the rest to simply shut down operations completely.

Some have mentioned the web as a possible solution to the newspaper industry’s problems, but it still remains unclear what the complete business model would be. Essentially, the root of the problem is this:

Creating great content takes time and skill, where will the money come from?

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Critical eye, Economy , ,