Posts Tagged ‘Business Insider’

McClatchy papers among 25 predicted to survive

Sunday, May 8th, 2011

Business Insider/The Wire looks at the Audit Bureau of Circulations’ top performing newspapers and finds “25 Papers That Have The Best Chance Of Being Around In 10 Years,” among which McClatchy newspapers are well represented.

“The Chicago Sun-Times — home of the much-loved and always popular Roger Ebert,” Business Insider explains — “led the list with a jump of 48.41 percent between March 2010 to March 2011.”

McClatchy’s Fort Worth Star-Telegram is second on the list with a 12.79 percent change in circulation from ’10 to ’11. The Miami Herald weighs in at 15th, where the growth is a meager 3.16 percent, but is growth nevertheless, and across the peninsula, the Bradenton Herald was 20th with a 1.6 percent uptick in circulation.

At 16, with a 3.12 percent increase, is the San Jose Mercury News a former Knight Ridder newspaper that McClatchy acquired in 2006 but sold off (to Media News) because it had no growth potential.

Newspaper shrinkage ‘will continue’

Wednesday, April 27th, 2011

Henry Blodget and Kamelia Angelova, using The New York Times as the example, lay out for Business Insider how newspapers are bound to disappear — complete with a colorful illustrative graph.

“Its core business, the print newspaper, is shrinking, and its digital business, however successful, cannot replace the lost revenue and profitability of the print business. … And despite the enormous cost cuts the company has made since the early 2000s, its operating profit — even in a recovery year like 2010 — doesn’t approach the fat years of a decade ago.

“Unless the New York Times Company can figure out a way to turn around the print newspaper circulation revenue (highly unlikely), this shrinkage will continue.”

New York Times publisher concedes end to print

Thursday, September 9th, 2010

Publisher Arthur Sulzberger said this week the New York Times will no longer appear in print – someday.

Sulberger’s concession to what some call the obvious is a first, according to Henry Blodget in Business Insider, and no small idea.

Loss of print will require restructuring or downsizing the whole company or finding an underwriter (like, say, Mexican tycoon Carlos Slim). “The economics of the online news business will not support the infrastructure or newsroom that the printed paper supports,” he says.

“Importantly, even a successful online paywall will not allow the paper to maintain its current cost structure,” Blodget writes. If they pull in 1 million subscribers at $100 each they could meet current costs, assuming no loss in ad revenue.

The New York Times is due to introduce a “metered” paywall in early 2011. Readers will be allowed to access a certain number of articles free each month, then will be asked to pay.

What Sulzberger said in an interview mostly about the paywall with Emma Heald at Editors Weblog was that “we will stop printing the New York Times sometime in the future, date TBD.”