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A dying medium: newspapers

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Not just newspapers are dying....

 

 


"Now you're not naive enough to think we're living in a democracy, are you Buddy? It's the free market. And you're a part of it." -- Gordon Gekko.

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My grandmother and cousins wrote for the Vindicator. This is indeed a tragic day for Northeast Ohioans who want to know what's going on in their community....

 

Youngstown Vindicator announces it will stop production after 150 years

 

YOUNGSTOWN, Ohio - After more than a century, The Vindicator will permanently cease production. 

 

According to sources, the paper's final issue will be published in mid-August. 

 

The announcement came Friday afternoon, just days after the newspaper marked its 150th anniversary.  On Saturday, a letter to readers will be published by Vindicator publisher Betty J.H. Brown Jagnow and general manager Mark Brown explaining the decision. 

 

MORE:

http://www.wfmj.com/story/40723209/vindicator-announces-it-will-stop-production


"Now you're not naive enough to think we're living in a democracy, are you Buddy? It's the free market. And you're a part of it." -- Gordon Gekko.

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Wow.  Even most small towns still have something of a local paper.  I'm surprised the Vindy couldn't keep going in some form.

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Look at all those respectful comments. In comparison just imagine what the lunatics will say on cleveland.com when/if the PD closes shop.

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19 hours ago, X said:

Wow.  Even most small towns still have something of a local paper.  I'm surprised the Vindy couldn't keep going in some form.

 

Nailed it. How is that that the Warren Tribune Chronicle and the Sharon (PA) Herald can still offer daily newspapers while the Youngstown Vindicator (or the Cleveland Plain Dealer) cannot??


"Now you're not naive enough to think we're living in a democracy, are you Buddy? It's the free market. And you're a part of it." -- Gordon Gekko.

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Not just newspapers....

 

 


"Now you're not naive enough to think we're living in a democracy, are you Buddy? It's the free market. And you're a part of it." -- Gordon Gekko.

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Here's the problem with all the money going to the internet: the money is way too spread out which keeps any one particular outlet from making enough money to cover costs. It's like if half the country owned their own lemonade stand.

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The problem goes back to how the internet was completely "free" from the time it broke loose from CompuServe, Prodigy, and AOL, and narrowly escaped the stranglehold of Bill Gates. 

 

We now know that the world would probably be a better place right now if Microsoft had managed to control the entire internet in the way it controls operating systems.  Government would have been compelled from Day 1 to regulate it int the way the FCC regulates the airwaves, especially as it pertains to news and political messaging.  Microsoft was already the big, bad bully, whereas we were supposed to root on Yahoo and Google and Craigslist. 

 

None of us who started using Craigslist understood that it was the single-most damaging website of all.  It decimated classified advertising nationwide, which was the backbone of how print news was funded. 

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If you were listening to "newspapermen" in the last half of the 2000s, they repeated the classifieds refrain over and over. The papers in the 3Cs were getting $30 a week for a 1x2" ad in a 12x24" 8-page section full of them. ~$1.8 million a year in just those.

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1 hour ago, GCrites80s said:

Oh, also had CompuServe remained one of the pillars of the Internet Columbus would now be a boomtown on the level of Seattle. 

 

And Cincinnati Milacron would have been huge in computers if they hadn't slashed their R&D budget when Japanese competition appeared for their core business. 

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10 hours ago, GCrites80s said:

If you were listening to "newspapermen" in the last half of the 2000s, they repeated the classifieds refrain over and over. The papers in the 3Cs were getting $30 a week for a 1x2" ad in a 12x24" 8-page section full of them. ~$1.8 million a year in just those.

 

Because they had a monopoly and milked it.   Craigslist et al works 1000% better for their erstwhile customers.

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Here's the thing:  digital uses dramatically less resources to do the same thing a lot faster, pretty much everywhere it touches.

This of course includes news distribution.   The benefit print media had over radio and TV is they could go more in depth.   That's not true with the 'net, indeed it's the opposite of true because the 'net can and will present more sides of the same issue.

 

Yes, it's disruptive.   But progress always is.   Yes, it blew up some profitable business models.   But is anyone going to make the argument that any business is entitled to be profitable indefinitely doing the same things?

 

It does give the consumer some responsibility to balance their sources, but that's no more of a change than enfranchisement was, when it's all said and done.

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The problem with this, especially with the pre-internet generations, is that a lot of people have no clue how to vet sources. As a millennial, I've taken countless classes since middle school on how to properly gather reliable information off of the internet, but people in their 40s and up haven't has that same level of being beaten over the head about checking their sources. With newspapers, you could usually get away with assuming the information published in them was reputable because of journalist gatekeeping and all that. But now Uncle Al finds an article about how Obama is a Mexican Islamist on www.AmericanEagle.patriot and thinks it's true, because he was trained for so long to recognize certain "reputability cues" that were reasonably infallible in the print era but can be easily spoofed online. 


“To an Ohio resident - wherever he lives - some other part of his state seems unreal.”

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Youngstown Publishing Co. Lands Major Capital Infusion

July 16, 2019

 

YOUNGSTOWN, Ohio – To fund an aggressive expansion plan, Youngstown Publishing Company Inc., doing business as The Business Journal, has finalized the terms of a capital investment from Jeff Leo Herrmann.

 

....On July 2, The Business Journal published in a letter to its readers and advertisers in which it announced that in light of The Vindicator ceasing publication Aug. 31, it was reviewing investment options to increase coverage of important news and local events. 

 

The letter stated that The Business Journal will add an I-Team to invest in investigative journalism and further build on its exclusive reporting on market transformation. 

Reporters, editors and graphic artists will be added to the existing full-time staff of 15 and coverage would be expanded in the following areas:

 

• Local government

• Local politics

• Lifestyle, entertainment and culture

• Education

• Automotive

• Real Estate

 

The Business Journal also announced that it intends to provide valuable information such as:

• Legal filings

• Real estate transactions and open houses

• Obituaries

• Listings of events, public meetings, etc.

 

MORE:

https://businessjournaldaily.com/youngstown-publishing-co-lands-major-capital-infusion/?fbclid=IwAR0eazqMUGH5kW4D8mZllkIejEtHFTnmnEnTRJzDXhICYrJViFGhu3rEQqg


"Now you're not naive enough to think we're living in a democracy, are you Buddy? It's the free market. And you're a part of it." -- Gordon Gekko.

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On 6/28/2019 at 5:40 PM, KJP said:

My grandmother and cousins wrote for the Vindicator. This is indeed a tragic day for Northeast Ohioans who want to know what's going on in their community....

 

Youngstown Vindicator announces it will stop production after 150 years

 

YOUNGSTOWN, Ohio - After more than a century, The Vindicator will permanently cease production. 

 

According to sources, the paper's final issue will be published in mid-August. 

 

The announcement came Friday afternoon, just days after the newspaper marked its 150th anniversary.  On Saturday, a letter to readers will be published by Vindicator publisher Betty J.H. Brown Jagnow and general manager Mark Brown explaining the decision. 

 

MORE:

http://www.wfmj.com/story/40723209/vindicator-announces-it-will-stop-production

 

Ohio newspaper to begin publishing Vindicator edition

 

YOUNGSTOWN, Ohio (AP) — A daily newspaper in Ohio has purchased the name and subscriber list of The Vindicator in Youngstown, which is publishing its final edition Aug. 31.

 

Vindicator owner and general manager Mark Brown said Friday The Tribune Chronicle in Warren also is buying the Vindy.com website and will publish a Mahoning County edition under The Vindicator masthead starting Sept. 1

 

MORE:  https://www.thisweeknews.com/news/20190817/ohio-newspaper-to-begin-publishing-vindicator-edition

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"Now you're not naive enough to think we're living in a democracy, are you Buddy? It's the free market. And you're a part of it." -- Gordon Gekko.

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