I found a recent Time Magazine
article very compelling. The article discussed the irony of how newspapers around the country were dying in record numbers despite the fact that such media outlets have never been more popular, according to a recent Pew Research Center study.
Here's the catch - that same study noted that most readers prefer to get their news online. So while credible journalism has never seen as high of a demand as they currently do, newspapers aren't adapting their business model quick enough to respond.
Think of it this way - the Pony Express didn't go out of business because no one valued mail anymore, they just wanted a more efficient delivery system. In doing so, consumers actually got better service and more mail than at any time previously. The same paradigm holds true for newspapers. If they can successfully evolve to leveraging the Internet for its full news potential, they will not only survive, but in fact thrive. There are some like the New York Times who are in the process of doing this. There will undoubtedly be other newspapers that will need to be pushed into modifying their business in a similar fashion. And sadly, there will be some traditional papers that will resist this inevitability, and thus cease to exist.
However, I don't believe the demise of some newspapers is in and of itself a bad thing. So before jumping on the charity wagon by buying more than one print edition at the local Barnes & Noble, try bookmarking quality news coverage that matters from you from Internet media companies that can provide it and much more. Trust me, you'll be doing newspapers a favor!