End of old media

The current issue of the Atlantic adds some points to the end-of-legacy-media discussion <http://www.theatlantic.com/doc/200901/new-york-times&gt; specifically raising the issue of life without The New York Times. The jist of the piece focuses on old media’s decaying business model and changes in the way readers consume information. Tech journalist Leo Laporte <http://twit.tv/twit> also presented on this topic at MacWorld this week. He previewed the presentation in one of his weekly podcasts saying that the disruptive technology of the web has removed a key barrier to entry into the business of disseminating information. In the past, a large capital investment in printing presses, television or radio stations and the people to support a large organization has prevented everyone but those with enough financial resources to be in the business.

None of this is really new (except maybe the concept of life without the NYTimes) but not everyone  comes to this conclusion at the same time. It’s old news to early adopters and to Luddites….well, they’re probably writing letters to their editor requesting that the PM paper be brought back. (To any digital natives reading this, the “PM” was the afternoon edition that many metro dailies published.)

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~ by keithphilpott on January 9, 2009.

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