Comments on: The great newspaper liquidation http://blogs.reuters.com/jackshafer/2012/06/05/the-great-newspaper-liquidation/ Tue, 10 Feb 2015 19:54:39 +0000 hourly 1 http://wordpress.org/?v=4.2.5 By: possibilianP http://blogs.reuters.com/jackshafer/2012/06/05/the-great-newspaper-liquidation/#comment-2140 Thu, 07 Jun 2012 20:01:15 +0000 http://blogs.reuters.com/jackshafer/?p=927#comment-2140 I don’t get WSJ for the simple reason that Rupert Murdock owns it. If he’s involved, as far as I’m concerned, there is an integrity issue.

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By: possibilianP http://blogs.reuters.com/jackshafer/2012/06/05/the-great-newspaper-liquidation/#comment-2139 Thu, 07 Jun 2012 19:58:57 +0000 http://blogs.reuters.com/jackshafer/?p=927#comment-2139 I think the NYT is a darn good newspaper, but what they are charging for on-line subscription prices is about 4 times what I’d be willing to pay. I wonder if they’ve done any analysis of price elasticity to see how many more potential readers there are (like me) that they could have by simply lowering the rates. They are, as you said, messing with my goodwill by slamming me with the restrictions on web access and then offering what I see as extortion as my only option for remediation.

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By: usagadfly http://blogs.reuters.com/jackshafer/2012/06/05/the-great-newspaper-liquidation/#comment-2126 Thu, 07 Jun 2012 10:20:55 +0000 http://blogs.reuters.com/jackshafer/?p=927#comment-2126 Google seems to be in the process of “liquidating” its goodwill as well. Try searching for a product category on google, one like millions use to narrow down potential suppliers for a purchase. Try “lg washing machines”. Note that of the 9 “hits” the first 4 are all for the manufacturer’s web site. The only entries presented about actually purchasing the item are “billboard” or “pay to play” advertisements.

Most google users intending to make a purchase are probably unaware of this change and naively presume they are getting the same information back that they are used to. Not so. These searches involve money, and that has resulted in a similar liquidation of google’s goodwill, which like newspapers, is its primary asset. It is leaving the market open for an informational search engine, and calls into question the accuracy of the sky-high earnings multiple on the stock.

This raises the question of whether future investor profits in google are more likely to be produced by shorting, rather than holding, the stock.

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By: IntoTheTardis http://blogs.reuters.com/jackshafer/2012/06/05/the-great-newspaper-liquidation/#comment-2115 Thu, 07 Jun 2012 02:05:42 +0000 http://blogs.reuters.com/jackshafer/?p=927#comment-2115 The only reason I still get the morning paper is because my wife likes to read it over breakfast. If it were my choice I’d have cancelled long ago. I might pop for the NYT or WaPo, but there’s no home delivery where I live here in SE Va. The way I see it the paper just recapitulates what I’ve already read online. And since I don’t give a hoot about the local news (murder, mayhem, city council meetings, blah, blah, blah), there’s no real point. But, I love my wife and she’s a creature of habit, so what is one to do?

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By: running http://blogs.reuters.com/jackshafer/2012/06/05/the-great-newspaper-liquidation/#comment-2110 Wed, 06 Jun 2012 23:47:46 +0000 http://blogs.reuters.com/jackshafer/?p=927#comment-2110 i love the “paper newspaper”, i hope it don’t share the same fate as the pony express

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By: Dragos111 http://blogs.reuters.com/jackshafer/2012/06/05/the-great-newspaper-liquidation/#comment-2108 Wed, 06 Jun 2012 20:39:31 +0000 http://blogs.reuters.com/jackshafer/?p=927#comment-2108 I commute to the city every day, riding the train for 45 minutes. I used to buy the paper each day. For the last 5 years, though, I have been using computers, iPads, etc. instead. If you look around, most other commuters have made the change to Kindle, Nook, iPad, or whatever. I suspect newspapers are dinosaurs that will be going extinct soon.

Anyone have a subscription to the WSJ these days? It comes in the mail now. What good is a market oriented paper if it comes long after the market opens? They cut their costs by going to the US mail service, but they reduced their value to near zero by doing it.

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By: ARJTurgot2 http://blogs.reuters.com/jackshafer/2012/06/05/the-great-newspaper-liquidation/#comment-2107 Wed, 06 Jun 2012 18:43:08 +0000 http://blogs.reuters.com/jackshafer/?p=927#comment-2107 I think it might be interesting to look at news delivery in aggregate. What is the sum value of the industry if you roll in yahoo-news, google-news, msnbc-web, maybe even delivery services like Comcast. I suspect the total value of news as a service is way up, but some sectors obviously way down. I access way more stuff now than I ever did, but I don’t get it in my mailbox or on the porch. The old woman reads many more books now, but gets whiny if she can’t have them on her kindle.

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By: ARJTurgot2 http://blogs.reuters.com/jackshafer/2012/06/05/the-great-newspaper-liquidation/#comment-2106 Wed, 06 Jun 2012 18:30:53 +0000 http://blogs.reuters.com/jackshafer/?p=927#comment-2106 @Art_In_Seattle

Bingo, and we have a winner. Saw an on-line article a year or so back on veterans’ benefits. Headline and lead included the name Jane Fonda, and, briefly, some comments by her. Utterly irrelevant, but her name and veterans together, god, the rev-stream off the hits for that day caused some smiles.

Still, I’ll be happy to see that idiot Krugman hit the bricks.

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By: Art_In_Seattle http://blogs.reuters.com/jackshafer/2012/06/05/the-great-newspaper-liquidation/#comment-2105 Wed, 06 Jun 2012 17:14:39 +0000 http://blogs.reuters.com/jackshafer/?p=927#comment-2105 One can’t help but wonder whether the LA TImes’ hiring of political cartoonist Dave Horsey was a desperation move to coerce right-wing trolls to purchase online subscriptions so they can post insults to his work.

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By: GLK http://blogs.reuters.com/jackshafer/2012/06/05/the-great-newspaper-liquidation/#comment-2104 Wed, 06 Jun 2012 16:52:06 +0000 http://blogs.reuters.com/jackshafer/?p=927#comment-2104 Since before the dawn of the Industrial Revolution hundreds of thousands of businesses have been obsoleted by advancing technology. Why should Newspapers be immune? Frankly, I’m sick of the whining.

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