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Magazines & Newspapers in Crisis

14 January 2009 | Category: Headlines, Media

I learned a few weeks ago that PC Magazine, a periodical to which I have long subscribed, will no longer be delivered to my door. The magazine has ceased printing. It will still be published, but only online. I'm not especially bothered. It's certainly a bit sad to lose a magazine that shaped my attitude towards computers to the extent that I'm blogging at my own website today. Still, I'm subscribed to other magazines; my mailbox won't be empty. Besides, I have to acknowledge that I get most of my computing knowledge online now anyway.

The cause of PC Magazine's transformation is simple, and though it might seem appropriate for a magazine about computers to go all-digital, the real reason has less to do with innovation than it does with cost. A digital publication is far less expensive to produce than an ink and paper one, and PC Magazine's parent company, Ziff Davis Media, declared bankruptcy last spring. The reasons cited were declining subscriptions and lost advertising revenue. This isn't just one isolated magazine publisher falling to the wayside, however. The whole print media industry seems to be in the midst of a dramatic transformation.

Take the Christian Science Monitor, a paper well known for its independent focus on international issues. The Monitor reached its one hundredth anniversary last year only to announce in October that is planning to cease daily publication this spring. A weekly edition of the newspaper will still be printed, but daily reports will only be available online after April 2009.

Consider also the Detroit Free Press, the nation's twentieth largest newspaper by circulation, which declared in December that it will cease home-delivery of its daily papers early this year. The daily will still be available at newsstands and online, but home deliveries will only be made on Thursday, Friday, and Saturday. Why is this happening? "Economics," answers a FAQ page at the paper's website. "Advertising, including classified, is down. Costs are up. We are changing our model in order to survive in a world that has changed."

A look at newspaper publishers' share prices shows how dire their economic situation is. The Detroit Free Press is published by Gannett, the nation's largest newspaper company, which also owns the USA Today and Wisconsin papers like the Green Bay Press-Gazette and Appleton Post-Crescent. It's share price was $59.63 on January 9, 2007. Two years later, on January 9, 2009, it stood at $8.59—an 85.6% decline.

Lee Enterprises, an Iowa-based national conglomerate whose local papers include the Wisconsin State Journal and La Crosse Tribune, has seen its shares fall from $30.32 to $0.53 over the same time frame. That's a decline of 98.3%.

Similarly, shares in the McClatchy Company have dropped from $41.09 to $1.47 during this two-year span, a decline of 96.4%. McClatchy's newspapers around the country include the Miami Herald and Sacremento Bee.

Most strikingly, the Tribune Company, which owns the Chicago Tribune and Los Angeles Times, declared bankruptcy this December. Only one year before, it had been purchased by investor Sam Zell for $34.00 per share—a total price tag then of $8.2 billion.

What's killing print media?

Read the rest of this entry »

Posted By: Joshua | 4 Comments »

A New Beginning

3 August 2008 | Category: Media, Site News

Only two years ago this month, I registered my very first internet domain name: Acceity. It was acceity.com back then. I made a website there, just for laughs. I meant it to parody the corporate websites of various media conglomerates: Time Warner, NBC Universal, Viacom, that sort of thing. To be funny. I sent all my friends a link to the site. One of them liked it! Most of the others never responded. One said, "I don't get it. It just seems to be a site with a bunch of random things."

Well, two years have now passed. Over that time I've launched three new websites, including the one I'm beginning with this post tonight. Among the changes, my site has moved from www.acceity.com to www.acceity.org. But some things never change. Although this website has a brand new design, new content, and even a new focus, it will still only be "a site with a bunch of random things."

You might still wonder, what is this site about? I think that's a silly question. It's like asking your friend, "what is CBS about?" I don't regularly watch CBS, but I know enough to tell you that its about all sorts of things. It shows news, drama, comedy, sports, documentaries, programs of all kinds. Each of these programs is generally about something. But CBS, as a whole, isn't about anything in particular. In effect, it's just a TV channel with a bunch of random things.

Why shouldn't this website be the same? Each post I write will surely be about something. There will be many one-offs, and perhaps a recurring series or two. As a whole, however, Acceity isn't about any one thing at all, except perhaps the interests of its author, myself. Why should I narrow my writings to one topic, when my interests are far broader?

I admit, it does seem that narrow offerings are the trend today. Lots of narrow offerings. Each and every subject is strained out from the others and served à la carte, in a magazine, channel, or website dedicated solely to it. Thus we can pick and choose just those topics we like, and not bother with the rest. We subscribe to magazines about fashion or cars or computers, we flip between TV channels dealing in history or science fiction, comedy or news. We bookmark the websites that focus on what interest us each the most. It makes sense, I suppose. So why a website like this, with a little of everything? It has to be about something.

I admit, perhaps I am going backwards to make a blog like this. Maybe it is stupid to follow the decrepit old network television model used by ABC, NBC and CBS. They offer a bit of something for everyone, but it is only because they are remnants of an early, limited time before technology let each person choose exactly what channels and genres and topics she or he wanted. What is to stop you from doing that now, online? What is to keep you from simply clicking away to the websites that consistently interest you, and leaving this one behind in the metaphorical dust?

Nothing. The doors are always open. Go, if you like. It's your choice.

Maybe, though, this endless choice isn't all its cracked up to be. It's true, I can skip to just the websites that interest me, and set the DVR to record only the shows and channels I already know I like. All the other stuff, I could ignore. I have the power to choose what I do with each moment of my free time. I can make my world conform to my own personality. But if I limit my experience only to that which I already know and appreciate, how will I ever discover anything new? How will my personality grow? How will I learn?

Think of your favorite food as a young child. Imagine if that was the only food you ever ate, if you never dared to try anything else. Think of all the other foods you love today that you never would have tasted! You wouldn't limit your menu to one or two dishes, so why limit yourself to a one or two genres, one or two topics, one or two ideas? What good is abundant, overwhelming choice, a billion websites for a billion topics, when you've never experienced most of what you have to choose from? There is nothing wrong with turning on the television and catching a glimpse of something new. At worst, you'll find that it is a terrible show—but on the other hand, perhaps you'll love it. So, by extension, why not load up this page every few days and read a new post, just a "random thing," which might on occasion be quite boring to you, but which on the other hand might just as easily spark a new interest?

That's my goal for this site. I will write about all manner of things, as they come to me. Some will interest you, and some in all likelihood will not. Hopefully, however, some of the topics will be new to you, and although I doubt you'll learn something that changes your life, you might find yourself with an interest you didn't have before. If my writing can manage that for anyone, then this website has been a success.

I hope you enjoy what the days ahead bring forth.

As always, comments are welcome and encouraged. I will read them all, and perhaps you can introduce me to some new interests too.

If you have a good feeling about this site, please tell your friends.

Posted By: Joshua | 2 Comments »

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