Newspapers Are Souvenirs
from the not-the-most-valuable-of-markets dept
Following last week's historic election of Barack Obama, there was a rush to buy up paper newspapers announcing the news, with the idea being that those newspapers would be quite valuable. In fact, some newspapers were quickly being resold on eBay for up to $400 -- and many buyers plan to preserve the papers, hoping they'll be worth even more in the future. Of course, it sounds as though many newspaper publishers got exactly the wrong lesson from this. Some publishers celebrated the rush to buy newspapers as evidence that newspapers were still relevant and that in "big events" people still turned to print papers. Except, that's not true. Publishers who believe that are deluding themselves. People got the actual news from the internet and TV. The newspapers just represent a souvenir of the event -- not the place to turn to for news about it. Newspapers are never going to figure out how to survive if they take the wrong lessons out of this. People bought newspapers because they could be saved (and resold) -- not because they were suddenly relevant.
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I doubt they believed it
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True story
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Re: True story
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I think libraries keep copies ...
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How can a paper be worth that much?
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Yet, on the flip side of this story...
So it should be no shock these "perfect prints" retail for over 1000% of the normal price.
Tell me again how this isn't defined as greed. I would easily see a $9.99 price tag as deemed "demand in supply", but $29.99 for a damn newspaper?
Here's hoping the Dow crashes and burns.
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historic my butt!
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Re: Newspapers: future value and libraries
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Trackback
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You are part right
Yea, after 8 years of this joke, the public headed the other way. He isn't a socialist you fool, that's just a word the McCain campaign planted for idiots to adhere to.
McCain's acceptance speech was fantastic, but I felt bad for the poor man - his voters/followers were just screaming, yelling and booing everything about the other party and you could see in his face how disappointed he was in them - as he should be - total idiots.
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Re: historic my butt!
And really, unless you plan to repeatedly prove that you're a simple-minded dolt, swayed by the flimsiest of propaganda, you should really get over the "socialist" BS. If it were socialism, the country would take your puny business and give it to your employees, and then pay you and them exactly the same amount.
Obviously, you have a computer -- go look up socialism. Learn something. It doesn't hurt.
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Re: historic my butt!
He has done nothing of the sort. What fantasy world do you live in?
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A (hilariously) relevant anecdote
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Political News ain't everything
Physical newspapers are a much better tool for thinking and learning than the web. The screen after all is much more like reading a hyperlinked 12"scroll. Nice for consuming data and "information" quickly. A little like fast food.
Print is to information what slow food is to a good meal.
Consider the explosive growth of self published books and the success of photo sites, customized gifts with photos. Not very exciting, to the big wigs, but very important to the people who create them.
Sound bites and quick hits - great for the web. Mulling and getting context? Print and a pencil.
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dewey defeats truman
As a counterpoint to keeping it in print, here's an anecdote in favor of putting it online. One of the local papers here uploaded their entire archive, dating back to their first day pouring ink as the little mining camp printing press over 100 years ago. One of my coworkers, doing a vanity googling, found out that the great-great-granduncle the family never mentions was a convicted hog thief.
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Re: True story
Paul wrote:
Not forests—tree farms. Paper is made from pulping softwood trees that are specifically grown to be cut down. No forests are harmed at all.
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