Quote of the Day – Newspaper Edition
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James Joyner | Monday, April 6, 2009 |
“If you had told one of the great newspaper moguls of the past that someday it would be possible to publish a newspaper without paying anything for paper, printing and delivery, he would not have predicted that this would mean catastrophe for the industry. But that is what it has been.” – Michael Kinsley
What the moguls may have overlooked is that these developments would radically lower — indeed, essentially eliminate — barriers to entry and therefore provide a fantastic amount of competition.
Photo by Flickr user mfophoto, used under Creative Commons license.
About the Author: James Joyner is the publisher of Outside the Beltway and the managing editor of the Atlantic Council. He's a former Army officer, Desert Storm vet, and college professor with a PhD in political science from The University of Alabama. He lives just outside the Beltway in Alexandria, Virginia with his wife and infant daughter.
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What the moguls may have overlooked is that these developments would radically lower — indeed, essentially eliminate — barriers to entry and therefore provide a fantastic amount of competition.
If only the new entries were actually providing competition! They aren't. Unfortunately, today's newspapers with their reduced number of reporters and nearly complete lack of overseas reporting aren't even true substitutes for the newspapers of days gone by.
