As technology evolves, many great inventions give way to new ones. I remember great products like the floppy disks, the Betamax recorder, the manual typewriter, the four propeller passenger plane, the carbon copy; all of these once useful products went the way of the Dodo. The survival of the fittest applied.
Even as we speak, we are evidencing the slow disappearance of newspapers. They are being displaced by the Internet and in a couple of years, newspapers will only be a faint remembrance of the way we received our news on paper. Now receive our news in pixels. A name that comes to my mind for our current electronic news is Nexels (news-pixels).
This morning, while reading the news on my computer, I learned that The Rocky Mountain News. Colorado’s oldest newspaper, which launched in Denver in 1859, printed its last edition Friday, leaving The Denver Post as the only daily newspaper in town.
“Goodbye, Colorado,” read the headline on a 52-page commemorative edition wrapping the regular newspaper. “STOP THE PRESSES,” read the front-page headline inside.
Four owners of 33 U.S. daily newspapers have sought Chapter 11 bankruptcy protection in the past 2 1/2 months. A number of other newspapers are up for sale.
Another newspaper whose head is on the chopping block is the San Francisco Chronicle. San Francisco may lose its main newspaper, the San Francisco Chronicle, as owner Hearst Corp. cuts a “significant” number of jobs and decides whether to shut or sell the money-losing daily.
Hearst said on Tuesday that it might sell or close The San Francisco Chronicle if it cannot wring enough savings from the money-losing newspaper.
The announcement is the latest in a string of bad news for the newspaper industry, as several large papers and their publishers contemplate filing for bankruptcy amid plummeting advertising and circulation numbers.
The privately held New York-based publisher already is considering shutting a second West Coast paper, the Seattle Post-Intelligencer, in the face of a devastating decline in advertising revenue and big losses.
There’s a reason the newspaper industry has been complaining about decline in readership for the past 10 years. The overhead associated with printing and delivering a physical product is enormous and it is a cost that is passed right on to the consumer.
The Internet (even Internet that isn’t blazingly fast) can load up any content that a newspaper displays. Reading a newspaper at work is quite a bit more conspicuous than checking out the New York Times in another browser tab while you work. The Internet is the way of the future when it comes to news delivery: The writing is on the wall.
Gadgets like the Kindle are making things worse for the dying newspaper industry. I for one, don’t find the need to buy a newspaper. I can get all the news I want, by booting up my computer every morning. Good Day.