According to Megan McArdle in the Atlantic: I think we're witnessing the end of the newspaper business, full stop, not the end of the newspaper business as we know it. The economics just aren't there. At some point, industries enter a death spiral: too few consumers raises their average costs, meaning they eventually have to pass price increases onto their customers. That drives more customers away. Rinse and repeat . Sad but truth. I stopped reading them about five years ago and months can go by without me getting a newspaper. I don't miss the sticky sensation newsprint leaves on hands, much less bundling them up, tying them up and carrying to the recycling place. But wait, we have a new use for newspapers: Blaire, a 3 month-old Cavachon puppy my children cajoled me into getting them!
Monday, November 2, 2009
RIP morning (and evening) papers
Newspapers are fast becoming extinct.
According to Megan McArdle in the Atlantic: I think we're witnessing the end of the newspaper business, full stop, not the end of the newspaper business as we know it. The economics just aren't there. At some point, industries enter a death spiral: too few consumers raises their average costs, meaning they eventually have to pass price increases onto their customers. That drives more customers away. Rinse and repeat . Sad but truth. I stopped reading them about five years ago and months can go by without me getting a newspaper. I don't miss the sticky sensation newsprint leaves on hands, much less bundling them up, tying them up and carrying to the recycling place. But wait, we have a new use for newspapers: Blaire, a 3 month-old Cavachon puppy my children cajoled me into getting them!
According to Megan McArdle in the Atlantic: I think we're witnessing the end of the newspaper business, full stop, not the end of the newspaper business as we know it. The economics just aren't there. At some point, industries enter a death spiral: too few consumers raises their average costs, meaning they eventually have to pass price increases onto their customers. That drives more customers away. Rinse and repeat . Sad but truth. I stopped reading them about five years ago and months can go by without me getting a newspaper. I don't miss the sticky sensation newsprint leaves on hands, much less bundling them up, tying them up and carrying to the recycling place. But wait, we have a new use for newspapers: Blaire, a 3 month-old Cavachon puppy my children cajoled me into getting them!
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