How to save the news business  MAY 26 2010

There's lots of good stuff in this long James Fallows article about Google's now-intense interest in the health of journalism. In short, Google feels obligated from a business perspective to help serious news organizations put good information online so that people can find it through Google.

There really is no single cause," I was told by Josh Cohen, a former Web-news manager for Reuters who now directs Google's dealings with publishers and broadcasters, at his office in New York. "Rather, you could pick any single cause, and that on its own would be enough to explain the problems-except it's not on its own." The most obvious cause is that classified advertising, traditionally 30 to 40 percent of a newspaper's total revenue, is disappearing in a rush to online sites. "There are a lot of people in the business who think that in the not-too-distant future, the classified share of a paper's revenue will go to zero," Cohen said. "Stop right there. In any business, if you lose a third of your revenue, you're going to be in serious trouble."

Read more posts on kottke.org about:
Google   James Fallows   journalism

kottke.org

Front page
About + contact
Site archives

Subscribe

Follow kottke.org on Twitter

Follow kottke.org on Tumblr

Like kottke.org on Facebook

Subscribe to the RSS feed

Advertisement

Ads by The Deck

Support kottke.org shop at Amazon

And more at Amazon.com

Looking for work?

More at We Work Remotely

Kottke @ Quarterly

Subscribe to Quarterly and get a real-life mailing from Jason every three months.

 

Enginehosting

Hosting provided EngineHosting