Technological change shows a rise in audio-visual and digital advertising at the expense of print media. The increasing use of the
Internet search function, primarily through large engines such as
Google, has also changed the habits of readers. Instead of perusing general interest publications, such as newspapers, readers are more likely to seek particular writers, blogs or sources of information through targeted searches, rendering the agglomeration of newspapers increasingly irrelevant. "Power is shifting to the individual journalist from the news outlet with more people seeking out names through search, e-mail, blogs and social media," the industry publication
Editor & Publisher noted in summarizing a recent study from the
Project for Excellence in Journalism foundation. "When we go online", writes
columnist Nicholas Kristof of
The New York Times, "each of us is our own editor, our own gatekeeper." Where once the ability to disseminate information was restricted to those with printing presses or broadcast mechanisms, the Internet has enabled thousands of individual commentators to communicate directly with others through blogs or
instant message services. Even open journalism projects like Wikipedia have contributed to the reordering of the media landscape, as readers are no longer restricted to established print organs for information. But the search engine experience has left some newspaper proprietors cold. "The
aggregators and plagiarists will soon have to pay a price for the co-opting of our content," Rupert Murdoch told the World Media Summit in
Beijing,
China. "If we do not take advantage of the current movement toward paid content, it will be the content creators—the people in this hall—who will pay the ultimate price and the content kleptomaniacs who triumph." Critics of the newspaper as a medium also argue that while today's newspapers may appear visually different from their predecessors a century ago, in many respects they have changed little and have failed to keep pace with changes in society. The technology revolution has meant that readers accustomed to waiting for a daily newspaper can now receive up-to-the-minute updates from Web portals, bloggers and new services such as
Twitter. The expanding reach of broadband Internet access means such updates have become commonplace for many users, especially the more affluent, an audience cultivated by advertisers. In some countries, such as
India, the newspaper remains more popular than Internet and broadcast media. Even where the problems are felt most keenly, in North America and Europe, there have been recent success stories, such as the dramatic rise of free daily newspapers, like those of
Sweden's
Metro International, as well as papers targeted towards the
Hispanic market, local weekly shoppers, and so-called
hyperlocal news. By 2016
social media sites were overtaking television as a source for news for young people and news organisations have become increasingly reliant on social media platforms for generating traffic. A report by
Reuters Institute for the Study of Journalism described how a 'second wave of disruption' had hit news organisations,
Revenue crisis New
revenue streams, such as that from newspapers' proprietary Web sites, are often a fraction of the sums generated by the previous advertisement- and circulation-driven revenue streams, and so newspapers have been forced to curtail their overhead while simultaneously trying to entice new users. With revenues plummeting, many newspapers have slashed news bureaus and journalists, while still attempting to publish compelling content—much of it more interactive, more lifestyle-driven and more celebrity-conscious. In response to falling ad revenues and plunging circulation, many newspapers have cut staff as well as editorial content, and in a
vicious cycle, those cuts often spur more and deeper circulation declines—triggering more loss of ad revenues. "No industry can cut its way to future success," says industry analyst John Morton. "At some point the business must improve." But that figure is falling rapidly, and in many cases is inadequate to service the debt that some newspaper companies took on during better times. The circulation decline, coupled with a 23% drop in 2008 newspaper ad revenues, have proven a double whammy for some newspaper chains. "As succeeding generations grow up with the Web and lose the habit of reading print", noted
Columbia Journalism Review in 2007, "it seems improbable that newspapers can survive with a cost structure at least 50% higher than their nimbler and cheaper Internet competitors." The problem facing newspapers is generational: while in 2005 an estimated 70% of older Americans read a newspaper daily, fewer than 20% of younger Americans did. The dilemmas facing the newspaper industry come as its product has never been more sought after. "The peculiar fact about the current crisis", writes
The New Yorkers economics writer
James Surowiecki, "is that even as big papers have become less profitable they've arguably become more popular." As the demand for news has exploded, so have consumers of the output of newspapers. Both
nytimes.com and
washingtonpost.com, for instance, rank among the top 20 global news sites.
Financial strategies While newspaper companies continue to produce much of the award-winning journalism, consumers of that journalism are less willing to pay for it in a world where information on the Web is plentiful and free. Plans for Web-based subscription services have largely faltered, with the exception of financial outlets like
The Wall Street Journal, which have been able to generate substantial revenues from subscribers whose subscriptions are often underwritten by corporate employers. (Subscriptions to the
Journals paid Web site were up 7% in 2008.) Some general-interest newspapers, even high-profile papers like
The New York Times, were forced to experiment with their initial paid Internet subscription models.
Times Select, the
Times initial pay service, lasted exactly two years before the company abandoned it. However, they later brought back paid services and now allow visitors only 10 free articles per month before requiring them to purchase a subscription. Within the industry, there is little consensus on the best strategy for survival. Some pin their hopes on new technologies such as
e-paper or radical revisions of the newspaper, such as
Daily Me; others, like a 2009 cover story in
Time magazine, have advocated a system that includes both subscriptions as well as micro-payments for individual stories. Some newspaper analysts believe the wisest move is embracing the Internet, and exploiting the considerable
brand value and consumer trust that newspapers have built over decades. But revenues from online editions have come nowhere near matching previous print income from circulation and advertising sales, since they get only about one-tenth to one-twentieth the revenue for a Web reader that they do for a print reader; many struggle to maintain their previous levels of reporting amidst eroding profits. With profits falling, many newspapers have cut back on their most expensive reporting projects—overseas bureaus and investigative journalism. Some investigative projects often take months, with their payoff uncertain. In the past, larger newspapers often devoted a portion of their editorial budget to such efforts, but with ad dollars drying up, many papers are looking closer at the productivity of individual reporters, and judging speculative investments in investigative reports as non-essential. Some advocates have suggested that instead of investigative reports funded by newspapers, that non-profit foundations pick up the slack. The non-profit
ProPublica, a $10-million-a-year foundation devoted solely to investigative reporting and overseen by former
Wall Street Journal editor Paul Steiger, for instance, hopes that its 18 reporters will be able to release their investigative reports free, courtesy of partnerships with such outlets as
The New York Times,
The Atlantic and
60 Minutes. The online editor of the aforementioned
Tucson Citizen founded an alternative, locally based nonprofit online newspaper, the
Tucson Sentinel, in 2009 after the
Citizen was shut down, and not long afterward joined what is now the
Institute for Nonprofit News, a national organization of over 200 similar independent news providers.
The Huffington Post also announced that it would set aside funds for investigative reporting. Other industry observers are now clamoring for
government subsidies to the newspaper industry. Observers point out that the reliability and accountability of newspapers is being replaced by a sea of anonymous bloggers, many with uncertain credentials and points of view. Where once the reader of a daily newspaper might consume reporting, for instance, by an established Cairo bureau chief for a major newspaper, today that same reader might be directed by a search engine to an anonymous blogger with cloudy allegiances, training or ability.
Outlook In 2016, for the third year in a row, the CareerCast survey of the best and worst jobs in the U.S. reports that a newspaper reporter is the worst career. It pointed to fewer job prospects because of publications closing down, and declining ad revenue providing less money for salaries. Being an over the air broadcaster was the third worst, and advertising sales is in the bottom ten. Average annual salary for print journalists is $37,200. The closure of local newspapers has created a phenomenon of news deserts. A June 2022 report estimates that approximately 70 million Americans live in a county with one or no local news organization. Depending on location and circumstances, each specific newspaper faces varied threats and changes. In some cases, new owners have increased their reliance on print, not trying to rely a lot more on digital services. However, in most cases, there is an attempt to find new revenue sources online that are less based on print sales. Several newspapers, including the
Seattle Post-Intelligencer,
The Christian Science Monitor,
The Ann Arbor News, and the
Austrian Wiener Zeitung have become Internet only. According to former
CEO Olivier Fleurot of
Financial Times, "The number of newspapers and their circulation has declined the world over except in India and China." "My expectation," wrote executive editor
Bill Keller of
The New York Times in January 2009, "is that for the foreseeable future our business will continue to be a mix of print and online journalism, with the growth online offsetting the (gradual, we hope) decline of print". The
paper in newspaper may go away, insist industry stalwarts, but the news will remain. "Paper is dying," said Nick Bilton, a technologist for
The Times, "but it's just a device. Replacing it with pixels is a better experience." On September 8, 2010,
Arthur Sulzberger Jr., chairman and Publisher of
The New York Times, told an International Newsroom Summit in London that "We will stop printing the New York Times sometime in the future, date TBD."
New York University journalism professor Mitchell Stephens has called for a turn toward "wisdom journalism" that will take a more evaluative, investigative, informed, and possibly even opinionated stance. "Journalistic outlets will discover", wrote Michael Hirschorn in
The Atlantic, "that the Web allows (okay, forces) them to concentrate on developing expertise in a narrower set of issues and interests, while helping journalists from other places and publications find new audiences." ==Impact==