Left to their own devices, the current owners of American newspapers are indeed likely to consummate the suicide pact they have entered into with their investors. That should scare the hell out of Americans who recognize that Jefferson was right when he said that good journalism is essential to democracy. It should also get citizens asking the right questions: If newspapers really are fading away, what comes next?
As a journalism school graduate and the husband of a professor at UNC Chapel Hill's J-school, I have a soft spot in my heart for newspapers. So when I came across the above paragraph in The Nation magazine, it really got my attention - especially since it referenced Phil Meyer, a friend and another professor in the J-school who wrote The Vanishing Newspapers.
Newspapers may be the dinosaurs of America's new-media age, hulking behemoths that cost too much to prepare and distribute and that cannot seem to attract young--or even middle-aged--readers in the numbers needed to survive. They may well have entered the death spiral that Philip Meyer, in his recent book The Vanishing Newspaper, predicts will conclude one day in 2043 as the last reader throws aside the final copy of a newspaper.
All of this, of course, creates a real conundrum. Newspapers have always had obscene profit margins, and as the corporate owners seek to sustain those margins, they've resorted to cost-cutting with a vengeance. That's why the Charlotte Observer and the N&O increasing swap stories written by over-extended reporters who don't have the time or inclination to ask that next hard question. The two papers even share Babs Barrett, their Washington correspondent.