Alan Mutter reports on the annual convention last weekend of the Newspaper Association of America:
“The newspaper model is broken and can’t be fixed, unless you have the same definition of winning as Charlie Sheen,” said Publisher No. 1. “Newspapers will disappear in 10 years unless the model is changed now.”
The high cost of creating original editorial content for newspapers “is not sustainable,” said Publisher No. 2. “I don’t know if it will blow up the industry this year or next year…but if you don’t have the cost of content dramatically lower, then you can’t compete” with the digital media.