Tag Archives: #18thCenturyTechnology

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For print newspapers, tempus is fugiting The solution to being 18th century technology is not becoming 19th century one-party newspapers!

Mickey East, a political science professor at the University of Kentucky during the 1970s, when I was a student there, used a bastardized phrase to encourage his students to get their work done, “Tempus is fugiting.”

According to Wikipedia, the expression “Tempus fugit” comes from line 284 of book 3 of Virgil‘s Georgics, where it appears as fugit inreparabile tempus: “it escapes, irretrievable time”.

Well, time flies for newspapers, which I have previously called 18th century technology, because people are abandoning printed materials.

U.S. newspapers continuing to die at rate of 2 each week

Despite a growing recognition of the problem, the United States continues to see newspapers die at the rate of two per week, according to a report issued Wednesday on the state of local news.

by David Bauder, Associated Press | Friday, July 1, 2022 | 10:26 AM EDT

NEW YORK — Despite a growing recognition of the problem, the United States continues to see newspapers die at the rate of two per week, according to a report issued Wednesday on the state of local news.

“A growing recognition of the problem,” huh? The problem is that time has flown by, and technology has overtaken the print medium. Yes, I subscribe to newspapers, The Wall Street Journal, The Philadelphia Inquirer, The New York Times, The Washington Post, and the Lexington Herald-Leader, for my use as source material for my poor site. As I have previously mentioned, my hearing is seriously compromised, and I can read the news far more easily than I can watch and hear the news on television. More, when reading the news, if there’s something which was poorly worded or unclear, or that I somehow missed, I can go back to reread that portion, to lock it down correctly. To me, especially as a (poor) writer, trying to ascertain that I am getting things correctly, that’s important.

But, let’s face it: my subscriptions to those newspapers, and all the рублей I am spending — The Wall Street Journal in particular is not cheap, and though this site has changed, I had originally planned to concentrate more on economics — are all digital; I not only don’t get the print editions, but out in the rural area in which I live, I cannot get home delivery of the dead trees edition. Heck, I can’t even get the United States Post Office to deliver the mail to me, so I have to rent a post office box!

However, it’s more than that. Before I retired, I used to pick up a copy of the Inquirer from the Turkey Hill in Jim Thorpe, to take to the plant. The guys combitched[1]The word “combitch” is a Picoism, for which I would bet you can figure out the etymology. Feel free to use it yourselves, with an appropriate credit appreciated. that I should have picked up the Allentown Morning Call instead, because that was closer to local news, but it was, and is, a junk paper. Now that it’s been bought out by the hedge fund, Alden Global Capital, I’m pleased that I didn’t spend much money at all on the Morning Call.

Amusingly enough, for an owner of dead trees newspapers, Alden’s website opens up to an image of trees!

One of the issues with buying the Inquirer for the plant was that there were frequently sports stories which noted that ‘this game ended too late for inclusion in this edition.’ In the 21st century, we can always get our news up-to-date, by checking that internet thingy that Al Gore invented. And that illustrates the major problem for print newspapers: they are always several hours behind, in a world in which the news is reported minute-by-minute. I have no idea whether the Associated Press story referenced above will appear in the print edition of the Inquirer, from which I sourced it, but time stamped at 10:26 AM as it was, it cannot appear earlier than Saturday’s dead trees edition!

Areas of the country that find themselves without a reliable source of local news tend to be poorer, older and less educated than those covered well, Northwestern University’s Medill School of Journalism, Media and Integrated Marketing Communications said.

The country had 6,377 newspapers at the end of May, down from 8,891 in 2005, the report said. While the pandemic didn’t quite cause the reckoning that some in the industry feared, 360 newspapers have shut down since the end of 2019, all but 24 of them weeklies serving small communities.

Actually, even out in the sticks, we have not one but two local weekly newspapers, the Citizen’s Voice & Times and the Estill County Tribune, but who can know how long they’ll both survive?

An estimated 75,000 journalists worked in newspapers in 2006, and now that’s down to 31,000, Northwestern said. Annual newspaper revenue slipped from $50 billion to $21 billion in the same period.

Even though philanthropists and politicians have been paying more attention to the issue, the factors that drove the collapse of the industry’s advertising model haven’t changed. Encouraging growth in the digital-only news sector in recent years hasn’t been enough to compensate for the overall trends, said Penelope Muse Abernathy, visiting professor at Medill and the report’s principal author.

As I have previously reported, The Philadelphia Inquirer, our nation’s third oldest continuously published daily newspaper, and 17th largest newspaper as measured by circulation, still thinks that the taxpayers should be taxed to support journalists, to the tune of a refundable payroll tax credit of up to $25,000 per journalist to help local news organizations hire and retain reporters and editors.

In other words, the publishers of the Inquirer believe that the taxpayers ought to pay up to $25,000 of the salary of reporters and editors! Does ABC News or CNN have to beg for the taxpayers to subsidize their journolists'[2]This was not a typographical error. The spelling ‘journolist’ or ‘journolism’ comes from JournoList, an email list of 400 influential and politically liberal journalists, the exposure … Continue reading salaries?

True “daily” newspapers that are printed and distributed seven days a week are also dwindling; The report said 40 of the largest 100 newspapers in the country publish only-digital versions at least once a week. Inflation is likely to hasten a switch away from printed editions, said Tim Franklin, director of the Medill Local News Initiative.

One of the newspapers to which I subscribe, the Lexington Herald-Leader, does not publish a Saturday edition, and what I see online on Saturdays makes it look like the reporters and editors are pretty much off on Saturdays.

But there’s more to it. When I look at the digital editions of the Herald-Leader and the Inquirer, since the Supreme Court’s decision in Dobbs v Jackson Women’s Health Organization it has become obvious: if those were your only sources of news, you’d not be blamed for thinking that six Supreme Court Justices are the only people in America who don’t support an unlimited abortion license. These newspapers have been wholly one-sided in their reporting on the subject.

What my, sadly late, best friend used to call the Lexington Herald-Liberal just published a fairly long story on the disappearance of Democratic voters in eastern Kentucky. You’d have to be a Kentuckian to really understand it, but it points out the problem for the newspaper: a paper which used to circulate widely throughout the counties east of Lexington — and I delivered the morning Lexington Herald and afternoon Lexington Leader in Mt Sterling, two counties away from Lexington, when I was in junior high and high schools — has few subscribers now, because there is little or no local delivery, but also because the newspaper has become so thoroughly urbanized to the city that it really has nothing for the more conservative counties to the east. As we have previously reported, the newspaper has consistently endorsed the candidates, all Democrats, strongly rejected by the voters in every county of their (former?) service area other than Fayette. If you don’t give something for the readers in the outlying counties, can you really expect to have many subscribers there?

In Pennsylvania, the Inquirer is steadfastly liberal and Democratic in orientation, publishing all sorts of OpEds and barely-disguised opinion pieces camouflages as regular news articles slamming Republicans and conservatives, yet, while Joe Biden carried the Keystone State by 80,555 votes in 2020, that was only due to his 471,050 vote margin in Philadelphia; absent Philadelphia County, President Trump had a margin of 389,495 votes. Much of Pennsylvania was strongly “red” and even Philly’s collar counties were only slightly “blue.” But the Inky gives those more conservative voters no reason to be actual readers of the newspaper.

Newspapers have more than a single problem. Yes, print newspapers, despite fancy colored printing and photographs, are simply updated 18th century technology, and the reduction in print subscribers has meant a dramatic downturn in advertising revenue. But they also have a 19th century problem: in becoming so highly slanted, they have reverted to the one-party newspaper style of William Randolph Hearst and Joseph Pulitzer. In the 19th century, there were competing newspapers in every city of any size, and if readers of one particular political stripe did not like the slant of one newspaper, they could turn to another.

Today, few cities have more than one newspaper, but newspapers do have competition, from television news. If MSNBC and CNN are slanted to the left, Fox News and the One America News Network are slanted to the right, and consumers can do something really radical like choose the sources they prefer. That newspapers face serious competition from television news and the internet is obvious; when they respond by pissing off half of their potential readership, they compound their problems.

References

References
↑1 The word “combitch” is a Picoism, for which I would bet you can figure out the etymology. Feel free to use it yourselves, with an appropriate credit appreciated.
↑2 This was not a typographical error. The spelling ‘journolist’ or ‘journolism’ comes from JournoList, an email list of 400 influential and politically liberal journalists, the exposure of which called into question their objectivity. I use the term ‘journolism’ frequently when writing about media bias.
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18th Century Technology: More devastation for print newspapers

As both of The First Street Journal’s regular readers know, I am old fashioned in that I like newspapers as my source of news. I started delivering the morning Lexington Herald and afternoon Lexington Leader when I was in the seventh grade. I use newspapers as my primary sources because, as a mostly conservative writer, using sources which are primarily liberal in orientation eliminates complaints about my choices of sources. And finally, because I am mostly deaf, television news doesn’t work well for me.

For me, the sad decline of newspapers is sad indeed, but, let’s face facts, they are, at heart, still 18th century technology.

Before I retired, I used to stop at the Turkey Hill in downtown Jim Thorpe, Pennsylvania, and pick up the newspaper to take to the plant. Liking a (supposedly) good newspaper, I bought The Philadelphia Inquirer rather than the Allentown Morning Call, which annoyed some of my drivers, because the Morning Call was the closest thing to a local paper, but hey, I was the one paying for it!

But, alas! like seemingly every newspaper, the Call had its financial problems, and, no longer independent, it became part of Tribune Publishing in 2000.

The Morning Call, rest of Tribune Publishing’s newspapers now owned by hedge fund Alden; CEO Jimenez is out

By Jon Harris | The Morning Call | May 25, 2021 | 5:44 PM EDT

The Morning Call, which has been covering the Lehigh Valley for more than 125 years, is now owned by the country’s second-largest newspaper owner: a New York hedge fund that has built its media empire — as well as a reputation for deep cost-cutting — in just over a decade.

Alden Global Capital late Monday completed its purchase of the roughly two-thirds of Tribune Publishing shares it didn’t already own, according to a flurry of filings with the U.S. Securities and Exchange Commission. Now privately held and under Alden’s umbrella are some of the country’s most storied newspapers, including the Chicago Tribune, The Baltimore Sun and the New York Daily News.

The swift closing of the deal came after Tribune shareholders on Friday voted in favor of the transaction, after a competing bid from a Maryland hotel magnate never quite came together. Alden’s deal to buy Tribune for $17.25 a share was announced Feb. 16, but the hedge fund had been interested in acquiring the company since at least fall 2019. In November 2019, Alden bought out Michael Ferro’s 25% stake in the company and quickly built its ownership position to more than 31%.

Douglas M. Arthur, managing director of Huber Research Partners, who tracks the publishing industry, told The Morning Call on Monday that he expects Alden to run Tribune with an emphasis on the company’s finances.

“The current Tribune operating story appears fairly similar to what I believe one should expect once Alden gains control: deep cost cuts, a maximum emphasis on generating cash flow and growing the bottom line,” he said. “The current Tribune management team has been operating this way for several years; certainly its efforts seem to have accelerated as Alden has wielded more influence.”

An immediate change came at the top of Tribune: CEO Terry Jimenez, who was the sole member of Tribune’s board to vote against the Alden deal, “was removed” from his position, according to a regulatory filing.

There’s more at the original.

Alden likes to sell off assets, but what of it? The Lexington Herald-Leader, a McClatchy Company newspaper, outsourced it’s printing to a Gannett facility outside of Louisville in August of 2016, and put it’s building on Midland Avenue up for sale; four years later, the Fayette County Schools decided to buy it. In April of this year, the Inquirer shut down its $299.5 million, in 1992 dollars, Schuylkill Printing Plant, selling the place for a measly $37 million to developer J. Brian O’Neill, outsourcing its printing to, of all places, New Jersey.

And the Morning Call had already done the same thing, selling its building last year. Alden is doing little more than other newspaper companies, because the newspaper business itself hasn’t figured out how to move into the 21st century.

While the article in the Morning Call was at least somewhat circumspect, The Philadelphia Inquirer, owned not by Tribune Publishing but the non-profit Lenfest Institute, fired with both barrels:

Allentown nonprofits rally to the defense of the Morning Call newsroom

Across the United States, Alden Global Capital has pursued a business model that involves cutting staff to the bone and selling real estate at the publications it acquires.

by Harold Brubaker | May 25, 2021

The news in late 2019 that Alden Global Capital, a New York investment firm known for slashing staff at its newspapers, bought a large stake in Tribune Publishing Co. spurred efforts in Baltimore, Chicago, Allentown, and in other cities to recruit local owners.

Now, Alden is expected to acquire complete control of Tribune on Tuesday, after winning shareholder approval Friday. Advocates for local ownership of Allentown’s Morning Call, which runs one of the largest newsrooms in Pennsylvania, say they plan to keep fighting to save their newspaper despite the odds stacked against them.

“We are all disgusted by the news of what happened and concerned about the future, but we’re not going to give up,” said Kim Schaffer, executive director of Community Bike Works, an Allentown nonprofit that works with youths.

A strong local paper is crucial to the group’s work, said Schaffer, who is among nonprofit leaders brought together by NewsGuild union leaders in Allentown to drum up support for local ownership. .  .  .

Across the United States, Alden Global, which owns about 100 newspapers though the MediaNews Group, has pursued a business model that involves cutting staff to the bone and selling real estate at the publications it acquires.

“They have earned this moniker of being vulture capitalists. We’ve seen in city after city how they absolutely drain the resources of these properties,” said David Boardman, dean of Temple University’s Klein College of Media and Communication.

“While they say many of the right things in terms of the importance of local news and their commitment to it, their record indicates absolute disregard for it,” said Boardman, who is also chair of the Lenfest Institute, which owns The Inquirer.

Alden acquired the Reading Eagle out of bankruptcy two years ago for $5 million. Employees had to reapply for their jobs as the company came out of bankruptcy with 111 jobs, down half from when it entered the process. Last year, Alden sold the Reading Eagle building in downtown Reading for $2.3 million.

I’m sorry, but is that a news report, or an editorial? When the Inquirer shut down its printing plant, 500 people lost their jobs. Philadelphia Newspapers, Inc, which owned both the Inquirer and Philadelphia Daily News, a tabloid ‘competitor,’ had 721 newsroom and editorial employees; by 2012, that was down to roughly 320. The Inquirer sold its building to developer Bart Blatstein, and most of the Philadelphia Media Network, then the owner of the Inquirer, Daily News, and philly.com, employees would be moved to the old Strawbridge’s department store on Market Street.

What Mr Brubaker, the article author detailed, was what the owners of the Inquirer had done almost a decade earlier.

I will admit it: I was very used to having grey smudged fingers from reading a print edition newspaper, but I’m also 68 years old. In 1990, the Inquirer had a print circulation of 511,000 on weekdays, and 996,000 for the Sunday edition. By 2019, that circulation was down by 80%. When my generation passes away, the last generation which was really used to print newspapers[1]Even I don’t read the print newspapers anymore. I live out in the sticks, and there are no newspapers delivered out here. All of my newspaper subscriptions are digital. will have gone to our eternal rewards, and where will print newspapers be then?

There should be a place for print media, even if those print media are online only. Television news, which seems to be doing well, simply does not do much in the way of in-depth coverage, something that print has, and can continue, to do. But my own preference for reading the news rather than watching it on television is pushed by my hearing impairment, and by my need, as a (struggling) writer to be able to copy-and-paste and continually review my sources. I can deride the consumers of television news as low-attention-span, but that isn’t quite fair; they are consuming what their abilities allow them to consume. But, whatever the solution to survival for newspapers in this country is, they haven’t found it yet.

References

References
↑1 Even I don’t read the print newspapers anymore. I live out in the sticks, and there are no newspapers delivered out here. All of my newspaper subscriptions are digital.
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18th Century Technology: It’s time to stop printing newspapers

The Washington Post, which was saved by Amazon billionaire Jeff Bezos in 2013, is cheering on the offer by Stewart Bainum Jr. to but Tribune Publishing:

Bainum hopes to offer $650 million for Tribune Publishing Co.

By Elahe Izadi and Sarah Ellison | March 24, 2021 | 6:00 PM EDT

Maryland business executive Stewart Bainum Jr. wants to purchase Tribune Publishing Co. for $650 million — 10 times the amount he agreed last month to pay for one of its newspapers, the Baltimore Sun.

It’s an effort to edge out an already agreed-upon $630 million offer for Tribune from Alden Global Capital, an investment fund known for acquiring and slashing newspaper operations.

Details of Bainum’s plans surfaced in a U.S. Securities and Exchange Commission filing submitted Tuesday.

It once seemed as if the Alden deal was all but wrapped up; in Tuesday’s filing, the board recommended that shareholders approve Alden’s offer but also released Banium from a confidentiality agreement he made to negotiate to buy the Baltimore Sun so that he can talk with potential investors about going in together on a counter-offer for all of Tribune.

Alden is a hedge fund that likes to buy up newspapers, cut them to the bone, and make a profit by selling off their real property. But it should be noted that it doesn’t have to be a hedge fund to do that stuff.

Philadelphia Inquirer to sell printing facility, lay off 500 plant employees in bid for long-term economic stability

Proceeds from the sale of the plant will be used to enhance severance packages for laid-off employees beyond the company’s obligations under union contracts.

by Andrew Maykuth and Juliana Feliciano Reyes | Updated: October 9, 2020

The Philadelphia Inquirer and Philadelphia Daily News Printing Plant in Conshohocken.JESSICA Griffin / Philadelphia InquirerStaff Photographer

The Philadelphia Inquirer will close its sprawling Montgomery County printing plant and shift production of its newspapers to a New Jersey contractor. The cost-cutting move will put as many as 500 employees out of work, but is aimed at ensuring the survival of the media company as consumers turn to digital platforms for their news.The company on Friday told employees that it plans to close and sell the Schuylkill Printing Plant in Upper Merion Township, perhaps by the end of the year. The Inquirer is negotiating with a buyer for the 45-acre River Road property, which includes a 674,000-square-foot manufacturing facility that opened in 1992. The buyer’s identity and plans were not disclosed.

“While the sale is not yet final, we recognize how deeply unsettling and distressing this is to employees at the printing plant,” Lisa Hughes, The Inquirer’s publisher and chief executive officer, said in an internal memo Friday to employees.

“They have served our readers tirelessly, with dedication and devotion to the craft,” Hughes said. “Many of them have spent decades with the company — and all performed their jobs valiantly when the pandemic arrived.”

They may have served valiantly, but that doesn’t mean that they aren’t going to get canned.

Look at that photo, which you can enlarge by clicking on it. There are a lot of expensive-looking vehicles in that parking lot, the parking lot of a building filled with, as the left like to say, people with good paying union jobs. That the Inquirer is now owned by the Philadelphia Foundation, a non-profit ‘public benefit’ corporation. Gerry Lenfest, a billionaire who liked to give away his money, bought out the Inquirer and its companion tabloid, the Daily News, in 2014. While Mr Bezos paid 250 million for The Washington Post, the amount Mr Lenfest had to spend was a fraction of that. Mr Lenfest then turned around and donated the Inquirer to the non-profit.

But even non-profits have to pay the bills, and thus the printing plant got sold, and all of those “valiant” employees, with their good-paying union jobs, got pink slips. The $299.5 million state-of-the-art printing plant that the Inquirer had built in 1992, just sold for $37 million. In one of the bigger ironies, the time capsule buried at the plant in 1992, and scheduled to be opened in 2092, was instead opened on Friday.

It was sometime around 15 years ago, and perhaps longer, that I read an article which pointed out that it would have been less expensive for The New York Times to buy and provide each of its print subscribers with a Kindle, and send distribute the paper online instead, than it was to print the thing. Today, I get my subscribed newspapers — and I admit to liking newspapers far more than broadcast media sources — on my desktop, on my iPad, and on my iPhone.

Before I retired, I used to stop at the Turkey Hill in downtown Jim Thorpe on the way to the plant. I got my coffee, and picked up a copy of the Inquirer, to take to work. Some of the guys used to combitch that they’d have preferred the Allentown Morning Call, as it was closer to local news for them, but I was paying for it, so I got to choose. At any rate, there were many, many times in which, in the sports section, there would be a notice, “This game ended too late for inclusion in this edition.”[1]“Combitch” is a Picoism, not a typo. You should be able to figure out the etymology on your own.

That is the problem with print newspapers: the news is not always that new. Events happen quickly, and print newspapers are hours old before people ever get to read them. Online, corrections and updates can, and are, made frequently.

Why do I appreciate newspapers? Being mostly deaf, it is far easier for me to read the news than listen to it. More, the broadcast/cablecast media give us just the bare bones, not the meat of the stories, and their biases are far more blatant. Even with the biases of the #woke in the newsrooms, the longer treatment of print medium stories usually lets the truth get out.

The old Lexington Herald-Leader building, on Midland Avenue. Now sold, the building logo has been removed.

I was, about the time that Johannes Gutenberg invented the movable type printing press, a paperboy for the old Lexington Herald and Lexington Leader. Alas! The current merged paper, the Lexington Herald-Leader, now part of the bankrupt McClatchy company, outsourced its own printing to a plant near Louisville in 2016, ceased issuing a Saturday edition in 2019, which meant the end of printing Friday night high school sports stories, and recently sold their own building on Midland Avenue to the Fayette County schools.

And let’s be honest: the print editions of virtually every major, and mid-sized, newspaper in this country, are horrible. The physical size has been reduced, even in as august a paper as The Wall Street Journal, and newsroom staffs have been cut not just to the bare bones, but into the bone as well.

It’s time to simply end the print editions. As much as some people will hate to see them go, they are dying anyway. For newspapers to have any chance to become profitable, they have to cease being newspapers, and adapt to the digital, internet model. No matter how much they try to modernize, newspapers are still 18th century technology, and the 18th century ended a long time ago.

References

References
↑1 “Combitch” is a Picoism, not a typo. You should be able to figure out the etymology on your own.