14 June 2010

Newspapers are out, online is not (yet) in. OECD ponders

The Organisation of Economic Cooperation and Development (OECD) has conducted a study on the business of newspapers and the future of news in an evident response to declining advertising revenues in the backdrop of a relative unwillingness of readers to pay for online content.
I found it interesting that governments are thinking about helping newspapers--because they help democracy. So, after rejecting government support for ad cash, will newspapers and news gathering machines accept government patronage again? Interesting question.
I do think the world of news is going to be more varietous, as the report itself is suggesting. In fact, it already is. But revenues and money? Ah, we are still wondering where this is all going.