Quickthink

Giga ran a post today on the demise of news industry with this quote

The destruction of the old business model for news is clear, certain, even inevitable.

What was a radical thought a year ago is now conventional wisdom on steroids. BTW this is an update to my earlier post “Dinsoaurs Ponder their Fate“. Seems that while the days of the dinos are numbered, mamals haven’t emerged on the scene yet. Or at least no one has noticed them.

I tend to agree with Giga post that local news platforms will emerge from the experiments ongoing now. For example, I remember when “Time Out” was a pretty radical mag because it was no much better than newspapers about what to do. Now Time Out has been out Timed Out by a variety of web platforms — this will likely be the model for re-constructing news platform.

FOLLOW - A quote rom NYT January 18th -  Last year, for the first time, more Americans said they received most of their national and international news from the Internet than from print, according to the Pew Research Center.

This entry was posted on Sunday, January 11th, 2009 at 4:24 pm and is filed under Business models. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.