| Martin defends media ownership rules ... ...saying newspapers can no longer stand alone and provide news not fed to them by newswire services. They need big multi-media resources to survive. On that 1 issue he makes a valid point, because the internet is rapidly killing off newspapers and their employees.
»www.fcc.gov/kjm121807-ownership.pdf
Consumers have benefited from the explosion of new sources of news and
information. But according to almost every measure newspapers are struggling. At least
300 daily papers have stopped publishing over the past thirty years. Their circulation is
down and their advertising revenue is shrinking.
Newspapers in financial difficulty oftentimes have little choice but to scale back
local news gathering to cut costs. In 2007 alone, 24 newsroom staff at The Boston Globe
were fired, including 2 Pulitzer Prize-winning reporters; the Minneapolis Star Tribune
fired 145 employees, including 50 from their newsroom; 20 were fired by the Rocky
Mountain News; the Detroit Free Press and The Detroit News announced cuts totaling
110 employees; and the San Francisco Chronicle planned to cut 25% of its newsroom
staff.
Allowing cross-ownership may help to forestall the erosion in local news
coverage by enabling companies to share these local news gathering costs across multiple
media platforms.
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 rit56
join:2000-12-01
New York, NY
 ·RoadRunner Cable
| this business model is what destroyed the entertainment business. by allowing Clear Channel to buy all the radio stations nation wide they then began to fire employees to cut costs and played the exact radio format in every city. it was a failure of epic proportions. they failed to take into account that every market is different, people have different tastes. essentially they destroyed radio. myspace, streaming, their success was in part a reaction by people who didn't want to hear what the bad content Clear Channel allowed them to hear. they sought out other sources of content.
this has already happened with allowing one company to own all the tv stations. I recall last year somewhere in the midwest there was a horrible storm and there was no more local rado or tv stations and they couldn't alert people to the problem. I live in a big city and the first section I read everyday is the city section to see what's going on. communities will suffer greatly without good local content. |
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zed260Premium
join:2007-09-30
Cleveland, TN
kudos:1 Reviews:
·Charter
1 edit | reply to fAcEtIOUs
i see the newspaper thing actully hurting newspapers local news anyway
now that they can make more money online and other sources why even continue the newspaper
why not just buy out newspaper and discontinue it after all its not as profitable as the tv or other news sources and competes with our other services |
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| Does anyone under 30 actually read newspapers any more? 
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"I reject your reality and substitute my own." |
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 mrchrisOut and aroundPremium
join:2002-10-01
North Babylon, NY | said by hurleyp:Does anyone under 30 actually read newspapers any more? I do, when I to the local Burger King, as they usually have the daily Newsday there. |
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No, but we love those crossword puzzles.  |
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