The (un?)fall of journalism

Together, Lisa’s recent post about the fall of journalism and Brian’s double post about the McClatchy cuts made me wonder: How is it that, amid all the cuts I’ve been hearing about, the Herald, as part of the Hagadone Corporation, has the means to eans to start the Chronicle?

While newspapers across the nation are cutting their staffs – the 13 percent at TNT isn’t even the worst of it – here I am, trying to get a new newspaper on its feet.

It seems my bosses have more faith in this venture than I do.

Are we crazy? Or is it bravery? Or something else?

I don’t know if the Chronicle even fits in this discussion. It’s almost as if Crescent Bar is completely cut off from the rest of the world in that the things affecting newspapers across the U.S. don’t seem to be affecting the Chronicle: Advertising is booming and continues to grow and the same goes for its circulation.

And maybe that’s what keeps me from sharing the fear of my peers. While Brian’s experiencing first hand the cuts in the industry and Lisa is seeing the disappearance of bylines and consistently thinner newspapers, I’m helping a new publication take off. Not to toot my own horn (beep, beep) or anything either, but it seems to be going pretty well.

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  1. said:

    Many newspapers, while losing money, are starting new ventures they believe will bring in extra revenue. For instance, after all the layoffs at The Spokesman-Review, we have launched an additional Voices (community news) section for another community, the West Plains. And the S-R has started radio operations, confident it will bring a return on investment.

    Or maybe the Hagadone company just isn’t in the same financial boat at the moment and can afford reaching out to more readers. Either way, I think it’s exciting, and I think it’s awesome you’re an integral part of the new newspaper’s development.

    Wednesday, June 18, 2008
  2. tor said:

    Part of the problem is, or at least conventional wisdom suggests, that they really, really want to maintain the glory days of 30% profits. The other thing is, as Nick sort of jabbed-at, is that they love throwing money at things.

    Lucky for you, small town ultra-niche content like your Chronicle has a nice niche.

    The Spokesman’s radio thing seems like a desperate ’90s-vintage stab at convergence. It depends whether the Spokesman is willing to step down from the daily newspaper’s high horse and deliver the content people like from radio – opinion – and not just news. Honestly, though, I feel like this is a gigantic waste of resources.

    That community circular might work nicely if they give it enough love.

    Friday, June 20, 2008

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