FullMetalPhotographer

Can Newspapers Learn Anything from Casinos?

I worked in the newspaper industry for about 15 years as photojournalist and webmaster. I have to laugh when I hear people blame the web for newspaper's problems. The facts do not support that conclusion. Newspapers are flourishing in other countries and circulation has been declining way before the web.
I have to agree with the Vegas analogy. The biggest issue for papers is not how to compete with the web but how to embrace the new media. There needs to be a serious rethinking advertisement revenue and circulation. Newspapers are following the same economic model for 50 years. There has been no change in the way do or think about doing business. I think will look back at this time as a Mass Extinction period in newspaper history because they failed to adapt. If you want an example of what not to do is look at Lee Enterprises (LEE). They are the poster child of poorly run Newspapers.