{"id":827,"date":"2008-02-23T06:26:00","date_gmt":"2008-02-23T12:26:00","guid":{"rendered":"http:\/\/adrianmonck.com\/?p=827"},"modified":"2008-02-23T06:26:00","modified_gmt":"2008-02-23T12:26:00","slug":"newspapers-slow-and-in-denial","status":"publish","type":"post","link":"https:\/\/adrianmonck.com\/about\/2008\/02\/newspapers-slow-and-in-denial\/","title":{"rendered":"Newspapers – slow and in denial"},"content":{"rendered":"

I<\/span> am a sucker for defunct browser maker Marc Andreessen<\/a>\u2019s hip-shooting style. Here he is giving both barrels to the New York Times<\/span>. [HT: sans serif<\/a>] <\/p>\n

Andreessen: Take the New York Times<\/span>. They are slow and they are in denial. After 15 years of the Internet, their online division – though it has been very aggressive and well run compared to its peers – still represents only about 10 per cent of the company\u2019s total revenue. And it\u2019s not enough. The core of the business is collapsing.<\/p>\n

What\u2019s going to happen is that print subscriptions will decline to a point where it\u2019s no longer economically feasible to keep the printing plants operating. They will be shut down. So will the distribution networks.<\/p>\n

When that happens, the only thing left will be revenues from the online divisions. That won\u2019t be enough to cover newsroom costs. There is no way that they have a transition strategy from point A to point B.<\/p>\n

SPIEGEL: What would you do differently?<\/p>\n

Andreessen: Well, if the newspaper companies all self-destruct because they have failed to come to grips with this transition, then that\u2019s their problem. The people who made horse carriages were not the ones who started car companies.<\/p>\n

But here\u2019s the point: there is an enormous market demand for information. It just has to be fulfilled in a way that fits with the technology of our times.<\/p>\n

It is also going to open up a lot of opportunities for a new generation of media companies, usually born on the Internet…<\/p>\n

SPIEGEL: The World Wide Web has existed for some 15 years now. Has any aspect of it become overwhelming?<\/p>\n

Andreessen: Information. I certainly have too much information. It drives me bananas. that\u2019s why I have gone on an information diet.<\/p><\/blockquote>\n

More here<\/a>, unless you\u2019re dieting.
<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

I am a sucker for defunct browser maker Marc Andreessen\u2019s hip-shooting style. Here he is giving both barrels to the New York Times. [HT: sans serif] Andreessen: Take the New York Times. They are slow and they are in denial. After 15 years of the Internet, their online division – though it has been very […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"nf_dc_page":"","footnotes":""},"categories":[7,270],"tags":[238],"class_list":["post-827","post","type-post","status-publish","format-standard","hentry","category-journalism","category-news-biz","tag-nyt"],"_links":{"self":[{"href":"https:\/\/adrianmonck.com\/about\/wp-json\/wp\/v2\/posts\/827","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/adrianmonck.com\/about\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/adrianmonck.com\/about\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/adrianmonck.com\/about\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/adrianmonck.com\/about\/wp-json\/wp\/v2\/comments?post=827"}],"version-history":[{"count":0,"href":"https:\/\/adrianmonck.com\/about\/wp-json\/wp\/v2\/posts\/827\/revisions"}],"wp:attachment":[{"href":"https:\/\/adrianmonck.com\/about\/wp-json\/wp\/v2\/media?parent=827"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/adrianmonck.com\/about\/wp-json\/wp\/v2\/categories?post=827"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/adrianmonck.com\/about\/wp-json\/wp\/v2\/tags?post=827"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}