Positive story about the future of newspapers
Rupert Murdoch has been putting the doomsayers of the newspaper industry in their place. The future he says is still bright, but it is in case you were in any doubt by now definitely online.
In a speech he has knocked the doomsayers who are predicting the internet will kill off newspapers. He calls them “misguided cynics”. The title of the speech (“The Future of Newspapers: Moving Beyond Dead Trees”) told you all you needed to know about his thinking (and those of his advisers) about the future of newspapers. He was reminding newspaper journalists almost that they often think too literally about where they are published and that simply because they’re no longer “in print (on the printed page)” this does not signal the end – far from it this is only the beginning.
“Too many journalists seem to take a perverse pleasure in ruminating on their pending demise,” Murdoch said, “Unlike the doom and gloomers, I believe that newspapers will reach new heights in the 21st century. Readers want what they’ve always wanted: a source they can trust. That has always been the role of great newspapers in the past. And that role will make newspapers great in the future.”
Murdoch has always bet on newspapers, but he has also bet big online and that’s what he is still doing so in this speech, which says there are opportunities online as web traffic rises and circulations continue a steady fall as the slow shift of power from the the printed page to online continues. His words also underscored the areas that digital publishers need to focus on if they
want to get it right and realise these opportunities.
The march in that direction is irrefutable and quiet unstoppable. That’s the obvious bit. Just look at the Christian Science Monitor as an example of this (although really, I sincerely believe that if they had changed the name of that paper a few years ago it would not be ceasing publication) as it goes online only (with a weekly magazine in support).
The challenge/opportunity that Murdoch talks about is how newspapers crack the conundrum of making cash out of their ever mightier online operations as more and more people choose this way to consume the 21st versions of newspapers.
He said the real business of newspaper owners “isn’t printing on dead trees”. Newspapers themselves are not the medium, but rather the qualities that good newspaper businesses embody: giving readers great journalism and great judgment – words they trust, which is why we all turn to our favoured media brands online when we want the answer to some question of the day. That’s clearly where the future growth lies in the most trusted news, best communities, bloggers and other content.
“If papers provide readers with news they can trust, we’ll see gains in circulation — on our web pages, through our RSS feeds, in emails delivering customised news and advertising, to mobile phones. In this coming century, the form of delivery may change, but the potential audience for our content will multiply many times over.
“The newspaper, or a very close electronic cousin, will always be around,” he said. “It may not be thrown on your front doorstep the way it is today. But the thud it makes as it lands will continue to echo around society and the world.”
The point about the qualities of newspaper businesses and how those qualities can be applied to where ever newspaper words appear is really the heart of the debate about the future of newspapers beyond those trees.
[Twitter]
