The death and life of the American newspaper

Eric Alterman:

The American newspaper has been around for approximately three hundred years. Benjamin Harris’s spirited Publick Occurrences, Both Forreign and Domestick managed just one issue, in 1690, before the Massachusetts authorities closed it down. Harris had suggested a politically incorrect hard line on Indian removal and shocked local sensibilities by reporting that the King of France had been taking liberties with the Prince’s wife.
It really was not until 1721, when the printer James Franklin launched the New England Courant, that any of Britain’s North American colonies saw what we might recognize today as a real newspaper. Franklin, Benjamin’s older brother, refused to adhere to customary licensing arrangements and constantly attacked the ruling powers of New England, thereby achieving both editorial independence and commercial success. He filled his paper with crusades (on everything from pirates to the power of Cotton and Increase Mather), literary essays by Addison and Steele, character sketches, and assorted philosophical ruminations.

Newspapers are Dead – At Least in the US

Mark @ SNS:

Tell me your favorite newspaper as a source for independent, objective news. The Wall St. Journal? Not even close. The NY Times? These days, the joke in NYC is seeing how long it will take the Sulzbergers to lose their flagship paper, just as the Bancrofts did with the WSJ. All it takes is a few years of mismanagement, and suddenly – ye gods! – Rupert Murdoch owns you.
This sentence is not proof that the words Murdoch and News can sit comfortably in the same sentence.
It turns out that over half of Americans now turn to foreign newspapers for their news, specifically to the BBC, the Guardian and the Telegraph. I would add the FT to the mix, although it has a US version now, so may be out of the running.

Has the Pyramid Inverted?

Jay Deragon:

The term media has many different definitions. Published media is any media made available to the public. Mass media refers to all means of mass communication. Broadcast media refers to communications delivered over mass electronic communication networks.
News media refers to mass media focused on communicating news. Media meshing refers to the act of combining multiple independent pieces of communication media to enrich an information consumer’s experience. New media refers to media that can only be created or used with the aid of modern computer processing power.
The history of “media” has been designed, developed and pushed from a few at the top to the masses at the bottom. This model has been used to influence public opinion about anything, everything and everywhere. The old model was an important factor in driving historical economies.

A Font We Can Believe in

Gary @ Helvetica, The Film:

Unless you’ve been avoiding television, newspapers, and all other forms of mass media for the past few months, you’ve probably seen Democratic presidential candidate Barack Obama’s “Change We Can Believe In” and “Stand for Change” banners. The typophiles among you have realized that the “change” font Obama’s campaign uses is Gotham, designed by Hoefler & Frere-Jones, originally as a commission for GQ Magazine.

The film Helvetica is well worth watching.

What I learned about network television at Dateline NBC.

John Hockenberry:

The most memorable reporting I’ve encountered on the conflict in Iraq was delivered in the form of confetti exploding out of a cardboard tube. I had just begun working at the MIT Media Lab in March 2006 when Alyssa Wright, a lab student, got me to participate in a project called “Cherry Blossoms.” I strapped on a backpack with a pair of vertical tubes sticking out of the top; they were connected to a detonation device linked to a Global Positioning System receiver. A microprocessor in the backpack contained a program that mapped the coördinates of the city of Baghdad onto those for the city of Cambridge; it also held a database of the locations of all the civilian deaths of 2005. If I went into a part of Cambridge that corresponded to a place in Iraq where civilians had died in a bombing, the detonator was triggered.
When the backpack exploded on a clear, crisp afternoon at the Media Lab, handfuls of confetti shot out of the cardboard tubes into the air, then fell slowly to earth. On each streamer of paper was written the name of an Iraqi civilian casualty. I had reported on the war (although not from Baghdad) since 2003 and was aware of persistent controversy over the numbers of Iraqi civilian dead as reported by the U.S. government and by other sources. But it wasn’t until the moment of this fake explosion that the scale and horrible suddenness of the slaughter in Baghdad became vivid and tangible to me. Alyssa described her project as an upgrade to traditional journalism. “The upgrade is empathy,” she said, with the severe humility that comes when you suspect you are on to something but are still uncertain you aren’t being ridiculous in some way.

On Newspapers: Why a former Publisher Won’t Buy a Subscription

Henry Blodget:

I don’t subscribe to the newspaper my family sold to a chain in the mid-1990s. While I miss the New York Times crossword puzzle, I finally stopped my subscription, because I really wasn’t interested in reading the generic news that has replaced the community coverage we used to provide.
In more than 30 years of newspaper management, I experienced the transformation described in your white paper on Media 3.0, as we faced increasing competition from direct mail, segmented cable and the myriad of other choices served to advertisers.
But there is one underlying reason why newspapers will not be able to take advantage of the opportunities so well presented in your paper: They simply lack the intellectual capacity…

Online Auto Reviews vs. Legacy Print Publications

The “Truth About Cars” folks let ‘er rip on Car and Driver’s objectivity vs their essential advertising sales cash flow requirements:

When I first picked up Car and Driver’s (C&D) fateful December 2006 issue, I was convinced that the splashy, graphics-heavy revamp sounded the death knell for my favorite buff book. But the resulting reader backlash was so loud I felt sure Ann Arbor’s finest would be scared straight. A plaintive apology followed the editor’s arrogant dismissal of the reader revolt. C&D seemed poised for a revival. Nope. The October 2007 issue isn’t just the lowest point in the mag’s inexorable descent; it’s a dive below the limits of acceptability.
The buff books’ decline is inversely proportionate to digital media’s rise. Why fork over good money for a magazine subscription, endure two-month old editorials and wade through dozens of ads when the web provides fresh, instant and less ad-intrusive content for free? For the mags, there’s an obvious answer: an upmarket re-imagining of the paper-based genre, like the UK’s elegant, ballsy evo magazine.

Auto magazines are not the only print vertical dealing with decline.

A Decade of Blogs

Tunku Varadarajan:

It’s been 10 years since the blog was born. Love them or hate them, they’ve roiled presidential campaigns and given everyman a global soapbox. Twelve commentators — including Tom Wolfe, Newt Gingrich, the SEC’s Christopher Cox and actress-turned-blogger Mia Farrow — on what blogs mean to them.
Notwithstanding the words of Tom Wolfe, who puts an elegant boot, below, into the corpus of bloggers, there are many more people today who would read blogs than disparage them.
The consumption of blogs is often avid and occasionally obsessive. But more commonly, it is utterly natural, as if turning to them were no stranger than (dare one say this here?) picking one’s way through the morning’s newspapers. The daily reading of virtually everyone under 40 — and a fair few folk over that age — now includes a blog or two, and this reflects as much the quality of today’s bloggers as it does a techno-psychological revolution among readers of news and opinion.
We are approaching a decade since the first blogger — regarded by many to be Jorn Barger — began his business of hunting and gathering links to items that tickled his fancy, to which he appended some of his own commentary. On Dec. 23, 1997, on his site, Robot Wisdom, Mr. Barger wrote: “I decided to start my own webpage logging the best stuff I find as I surf, on a daily basis,” and the Oxford English Dictionary regards this as the primordial root of the word “weblog.”

Interesting Look at Sam Zell’s Tax Advantaged Structure of the Chicago Tribune Acquisition

Joe Nocera:

As Zell deals go, this hardly ranks among his biggest; he’s putting up a “mere” $250 million to gain control of a company with $5.5 billion in revenue last year. But what it lacks in economic heft, it more than makes up for in complexity. When the deal closes, probably at the end of the year, the Tribune Company will go from being a public company to a private S corporation, meaning it will pay no corporate taxes. Its sole owner will be an employee stock ownership plan, which is essentially a fund, owned by employees, which owns the company’s stock. ESOPs also pay no taxes, meaning that both the company and its owner will no longer be taxpayers. Mr. Zell, who will become chairman of the company, will immediately recoup his $250 million and then reinvest an additional $315 million (don’t ask). He’ll have an option to buy 40% of the company for another $500 million to $600 million. (If he does so, he will become the one taxpayer in the deal.)
The Tribune Company will be laden with debt, $13 billion in all, which it plans to pay down in part with the extra cash flow that is generated from not having to pay taxes. If the company does well — or even just decently — everyone will make out, starting with the employees whose stock in the ESOP will be worth a lot more than $28 a share, the discounted price the ESOP paid for it. But if it continues to sink — and just this week, the Tribune Company announced that May revenue fell 11.1% — then the company could wind up in default, which would hurt everyone, starting, again, with the employees, who would lose the value of their ESOP shares. …
What most seemed to excite him was the ESOP itself. And why not? As the Lehman Brothers tax expert Robert Willens said, “He is using it in a way that no one has ever done before.” Mostly, ESOPs are set up when family owners want to cash out of privately held companies and turn them over to their employees. Mr. Zell, by contrast, is using it to buy out the shareholders of a large public corporation —and turn it into a tax-free private company.