About Me

  • I'm CEO of Newspeg.com, a social news-sharing platform. I've spent 20 years at the intersection of traditional and digital journalism. I've helped to invent ways to read and interact with the news and advertising on computer screens and iPads, and before that, I wrote news stories on typewriters and six-ply paper. I co-founded WashingtonPost.com and hyperlocal pioneers Backfence.com and GrowthSpur; served as editor of Philly.com; taught media entrepreneurship at the University of Maryland; and have done product-development and strategy consulting for all sorts of media and Internet companies. You can read more about me here.

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« Resistance Isn't Just Futile–It's Fatal | Main | Local Ad Dollars, Slip Sliding Away »

July 28, 2008

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ed

Read the reports from the newspaper companies this month, and you see that they are reporting no turnaround into July, which means the promise of big Olympics spending and back-to-school ad spending isn't showing up in contracts. I'm betting that political spending won't show up at newspapers, either, as candidates aren't going to pour money into products people aren't reading and no longer have broad circulation in their regions (thanks to circulation cutbacks to reduce distribution to close-in metro areas). Politicians need to read the broadest number of voters, and it doesn't help that local newspapers have stopped covering politics. If you are a newspaper executive looking at your stock going down from 3 to 5 percent each day, what do you do but cut more?

Stever

Same is coming for print magazines too

This today; http://www.huffingtonpost.com/2008/08/04/emplaygirlem-magazine-fol_n_116785.html

Playgirl magazine is shutting down the presses and going online only.

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