MediaFile

Keep on rockin’ in the fee world, newspapers

It’s refreshing to read some reasoned thinking about the future of newspapers that does not come from

    Newspaper executives whose cheerleading about how they will survive — somehow — gets undercut by reporting a 30 percent drop in profits one quarter later, or Internet Cassandras who want newspapers to burn and die because they hate editors who get precious about how the calling of journalism trumps the rules of free markets and (more typically) because they hold dear the tradition of thinking that newspapers only print lies.

The Financial Times is the bearer of these encouraging if cautionary words in an editorial that it ran on Tuesday:

There are legitimate concerns about the disappearance of general papers. The best dig up stories and provide coverage of local, national and foreign news that enlightens readers and citizens. It is easy to undervalue such news when it has been plentiful for decades, but society would feel its absence.

Perhaps some of the reporting done up to now by for-profit papers will in future be funded by foundations or trusts. But the industry should not lose faith in the free market. When people really want or need something, they will pay for it, one way or another. If today’s publishers cannot convince their readers to do so, they will be overtaken by others that can.

The FT is not saying that all newspapers have a future; it’s saying that the ones that don’t waste your time will survive because you will pay for them. To be sure, there is news that we want to know and news that we need to know (whether he want to or not). The question is: how many of our papers provide that? We would enjoy getting your response.

Mark Cuban: Love him or hate him…

We’re guessing a lot of you — unless you’re Dallas Mavericks fans — are visiting blogmaverick.com today for the first time. I know I am.

It’s there that you can find Mark Cuban’s response to insider trading charges brought by the Securities and Exchange Commission. (In case you need a refresher, Cuban is the outspoken owner of the Dallas Mavericks basketball team, who also owns HDNet, Landmark Theaters and some digital businesses)

After reading his response, it’s worth taking a minute to check out the comments posted below the post. There were 152 at last check, including one from somebody who went with the handle “Martha Stewart” (Remember, she had her own troubles with the law)

Cuban sees the Cubs in a whole new way

mark-cuban.jpgDallas Mavericks owner Mark Cuban went on Dan Patrick’s radio show on May 22 to talk about all sorts of things, but what got us interested were his comments about the Chicago Cubs, which he wants to buy (You can read about his thoughts on smoking marijuana here). No one seems to have picked up on what he said until an excerpt ran in the latest edition of Sports Illustrated magazine, which came out Wednesday. Here are his verbatim answers, with Patrick’s questions paraphrased by us:

Q: When you go to Cubs games, do you go to be seen?

A: I go to have fun. …I’ve turned down 99.9 percent of [news] interviews when I’m in Chicago. You don’t see me on every news station in Chicago trying to promote the fact [that I want to buy the Cubs]. That just defeats the purpose.

Q: Is chasing the Cubs like trying to get the girl you want to notice you? She’s expensive and you may not have a shot at her.