Not all digital news is unprofitable. Niche industry news (digital) does make money (though not at size print used to do).
With many people still in the shrinking news parts (paper/tv/radio), "news" salaries will be compressed down.
Places news is being shifted to are private, non-news media sector. Example: Dairy Management Inc (DMI, the folks that bring you "Got Milk" and other dairy marketing) put in place a digital newsroom (see article http://agtoday.us/1ksUX3U ) to monitor & react. Of the 5 staff, 3 came from print media. While not a "news" operation, it is a place where news is part of the job (I would say it is a PR media monitoring operation/content creation tactic).
Agree with newsosaur that there is a shaky base on which informing the public rests.
And yes, I love the Google Newspaper section. It has provided me with valuable data. It's interesting because Project Lizzie never could have existed without these cloud-based services.
The discovery of a thumb drive in an attic is interesting. On one hand, the data would be digitized...which is good news. The bad news is with regards to the media. Will we still be using USB thumbdrives? Imagine a situation where the teenager finds a stack of floppy disks. The first thing needed would be something to read them with (Ebay?).And once that hurdle is conquered, what is the quality of the data on the disc? Has it lost its magnetization? Finally, assuming that the data is still intact, I wonder about file formats and codecs. Will JPEG/MP3/MP4 be easily read?
Your question has totally fried my brain.
Thanks, John :-)
- Epson AmericaManager, Social Media, 2012 - present
I love the great game of business. I've sold over $30 million in professional services, managed both teams and projects, and am a serial entrepreneur.
I'm the author of Read This First: The Executive's Guide to New Media--From Blogs to Social Networks. I've been a blogger (ronamok.com) since 2007 and have been producing a family-safe storytelling podcast (griddlecakes.com) since 2005.
In June of 2008, I founded OC New Media, LLC, to help companies adopt New Media technologies into their corporate communications plans.
- Merrimack College
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