What Does It Mean For The Christian Science Monitor To Go Web Only?
from the questions,-questions,-questions dept
In a lot of ways, this setup probably makes a lot more sense for many people. Newspapers have long since lost their ability to be the source of "breaking news" in print. News breaks online, and by the time it's in the newspaper the next morning, it's old hat. The days of paperboys screaming "Extra! Extra!" are long gone. Still, many may question the timing of the move. Online advertising, while growing rapidly for many, still doesn't make up a huge percentage of revenue for most newspapers. Decreasing the costs significantly means that the revenue doesn't have to match, but there may still be quite a gap there, and I'd imagine some may have been more comfortable waiting for the gap to close before leaping out of the plane without much of a parachute.
However, in taking that plunge, it will force the CSMonitor to really focus in on making its website as good as it can be, both for readers and for advertisers. That sort of hyperfocus could be quite useful, as we've seen too many newspapers find themselves in a struggle for resources and attention between the (dwindling) cash cow print business, and the small, but growing, online markets. No matter what, you can bet that other big (and small) newspapers will be watching the CSM's leap with great interest as they plan their own strategies for a changing media world.