Tuesday, June 9, 2009

Ubiquity

When I was in college, I had to take a macroeconomics class. I can't remember if it was the prerequisite to a journalism degree or simply a degree, but I remember it was by turns excruiciatingly boring and intensely interesting. The dapper asst. professor told our class that economics was the science of satisfying unlimited wants with limited resources. For this effort, the free market was touted as the best system to fairly satisfy the most "wanters" reasonably. He drew a chart on the chalkboard (remember those?) where one line represented increasing price and another line represented decreasing demand. Invariably this chart formed and "X" and this nexus was where supply met demand. This was the solution to the problem of limited supply. But what he never explained is what happens when there is unlimited supply, or at least relatively unlimited supply.
This is the conundrum facing journalists today. The Internet represents a potential limitless source of news, and when that happens, people are willing to pay what some people are always willing to sell that info for: nothing.
And it seems that the Internet isn't the only place where relative ubiquity defeats the free market model. Remember all those "can you believe this?" stories about Farm Bills that paid farmers NOT to plant corn or bought milk from dairy farmers to pour it down the drain?
The fact is that in certain segments of agriculture, technology reached the point that, in many years, supply exceeds demand. Just ask any farmer and they can tell you a bumper crop is bad news.
That's what we have, a bumper crop of information. And just like agricultural goods, it varies in quality, but most people are just as satified with information of questionable value as they are with food of questionable nutritional content.
As technology progresses, this will expand to other commodities: If green technology succeeds this will happen with energy. It seems to have already happened in housing.
The odd outcome of ubiquity is that sometimes it leads to enforced shortage to prop up the free market paradigm. There are too many houses. Prices are falling. We must kick people out of their houses.
There is too much food. Prices are falling. We must dispose of perfectly good food and let some go hungry.
There is too much access to news. Profit is falling. We must wall off and charge for content.
Please don't call me a Communist, but when supply overwhelms demand, the free market doesn't work.
Just ask my Economics professor.

Tuesday, May 19, 2009

Need I say more?

Thursday, April 30, 2009

Who needs page designers?


Have you seen the newly redesigned, or perhaps I should say undesigned, Atlanta Journal-Constitution. Take a look and try to hold on to your lunch.
It looks like the editor's high school graduate nephew is laying it out. No depth. No clear story hierarchy. Nothing to catch the eye. It is a pointless collage of words, heads and a couple of generic pictures. Looks like the AJC is throwing in the towel on the print product. First it was copy editors who became expendable (who needs spelling, grammar and fact checking?) and now it's page designers (who needs news as an art form?) Would somebody cover this abortion with a white sheet?

Friday, April 24, 2009

From the for what it's worth (not much) department

A piece of information that a couple of years ago would have been heralded as proof of newspapers' relevance, a Nielsen report showing better than 73 million visitors to newspaper Web sites in the first three months of the year, will no doubt now draw a collection of yawns.
Round after round of cost-cutting, layoffs, increased workloads and dire news has taken the umph out of most newsrooms. The kind of ideas that once were bandied about at weekend confabs and daily editorial meetings has been replaced with the yawning ennui, a result of resignation to a seemingly inevitable future.

Wednesday, March 25, 2009

Pursuing mid-size circulation

I'll have to admit, this one really hurt. The Atlanta Journal-Constitution used to "cover Dixie like the dew," or at least the Journal did, until it became politically incorrect to say the word Dixie out loud. It was affectionately called the urinal-constipation by resident conservatives, of which there were many in Georgia. My journalism school was named for Henry Grady who popularized the term "New South." He was editor of the Constitution. Across my campus students made a little extra money by selling subscriptions to the AJC. At the time there was a newspaper war going on. The New York Times had purchased the Gwinnett Daily News and tried to take on the AJC. They built a multimillion-dollar three story building. The president of the Times told the Atlanta Chamber of Commerce they were going to march through Atlanta like Sherman. Two years later they folded. I worked for the newspaper that took the Daily News' Gwinnett County niche, the Gwinnett Daily Post.
When I went to the University of Georgia, the local newspaper, Athens Banner-Herald and Daily News (still a morning and afternoon paper in the 90s, can you believe it?) barely bothered to sell on campus. It was the paper of locals. Students were mostly Atlanta kids who wanted Atlanta news. Now the AJC is abandoning the Athens market completely.
I have no idea what their circulation was in Athens at the end, but it is a community of over 100,000, and I'd be willing to bet it was at least 15,000, maybe more.
With such increased retrenchment, it is clear many big-city dailies that once covered their entire state (Dallas, Atlanta, Minneapolis) are now focused in on the immediate metro. They are seeking to emulate to profitability of many midsized dailies that still dominate their market. Small circ, locally focused.

Wednesday, March 18, 2009

What is ten percent of nothing?

It always warms my heart when I can beat the Death Watch to a tidbit of news. Morris Communications, owner of the paper in the town of my alma mater, is forcing everyone to take five to ten percent pay cuts. This is the same Morris Communications which built a multimillion dollar news building in a town with a 30,000 circulation newspaper. The building has a helicopter pad. Rumor has it that the Morris family had to sell their helicopter to pay debts. At the very least, I never saw a helicopter land there. And this was in the go-go 90s.

Monday, March 16, 2009

Tossed salad and scrambled eggs

As all of you have heard by now, Tuesday's is the last edition of the Seattle Post-Intelligencer. And the webheads rejoice in the death of another newspaper (don't deny it, note the snarky attitude toward Kathleen Parker, or anyone who feels nostalgic for the printed paper, or anyone who feels they are important to civilized society, or anyone who thinks good grammar and fact checking is a good idea). Seeing as how the P-I is operating without copy editors, I wonder in what multiple of 10 the daily errors would be.

How long will the online P-I last?