Wednesday, February 25, 2009

Are we witnessing the sinking of the newspaper industry?

John Cook writes:

Innovation comes from many places, including desperation. Even so, newspapers for the most part fell into this trap by sitting on their monopolies and failing to recognize the change occurring around them. And as we've seen with many companies, a failure to innovate is basically a death sentence.

I talked about this at the City Club panel last week. (Full video here or after the jump.) But I also expressed hope for the future of journalism and the new models that are emerging. And I noted that Seattle -- with its concentration of digital media, online advertising and software talent -- has as good of a chance as any region to create something truly compelling when it comes to the "newspaper" of the future.

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