Online Newspapers Turning a Profit
PCOL writes "The Asia Times reports that after years of losing money, online newspapers are starting to pay off. The New York Times has gone from losing $7.5M on their site in 2001 to an $8M profit in 2002. The new profitability is attributed to changes in the technology for delivering ads which make it possible to embed advertising in news stories and tie the ads to articles related to reader's interests without resorting to pop-ups and banners. As print newspaper readers age and die, no new readers are replacing them and one survey found that 46 percent of all journalists believe that within 15 years their publication will only be available online."
so is the asia times making a profit by having us read this story?
The New York Times has even figured out a way around the Mozilla popup blocker.
Online papers are great, and are my primary source for news(I quit TV a year and a half ago), but an online paper is not quite a substitute good for a real world paper. They are still easier on the eyes, than computer screens, they can be picked up in any convenience store, you can't roll up a computer and threaten stray dogs with it, etc. I'm sure readers can think of many more ways that online newspapers and physical media have their own advantages and disadbantages. They are to disimilar for some %46 of real papers to be eliminated.
I have a hard time believing that the internet is the sole reason for declining readership. Other reasons may include the ever lower quality of the reporting, ie. the increasing coverage of the entertainment industry and the decreasing coverage of old fashioned "hard news" and investigative reporting. Diminishing faith in the objectivity of the coverage could be a reason also.
Although the internet is obviously partially to blame, I think most of the newspaper industries problems are self inflicted.
The NY Times uses a system (unique, I belive) designed to match appropraite ad content to any story. The system is called "N.Y.T.E.S.," (according to a buddy who does IT there) Basically, each ad has positive keywords, and negative keywords attached to it. Each story has keywords attached as well. The system selects randomly from ads which have a high corelation between their positive keywords, and no negative keyword matches. This makes it so an ad for Delta, for example, would appear next to a travela rticle but not if the artle were about plane crashes. Publishers are givin 20 free negative keywords, and then they pay for each positive keyword - fractions of a penny per impression etc
Anyway, I still prefer google's ads.
I am the opposite. I use the computer for hours every day without any problems at all. I also have my monitor set 17" at 1280*1024@85hz and sometimes a second 14" at 1024*768@60hz. I haven't had my eyes hurt at all. Yet, when I read a book my eyes go into shock as they begin to pool with blood from staring at the paper. The other notable thing is that when I read a book I always have my head at an awkward angle and end up with my neck hurting my seriously. If you do have eye problems with the computer, sit back from the screen atleast 2 feet and look away from the screen whenever you feel everything else in the room begin to zone out as you get tunnel vision. Anyways, I never read the never read the newspaper for the news, only the comics. For the news I read the source we all know and love, the almight: /.
Checking out my form of escapism.
One problem I have with obtaining all of my news online is that editorial changes to the article can be made after publication without being noted.
This means that facts and 'controversial' ideas can be edited, modified and even deleted without notifying the public. I have several friends who insist on copying the articles they read directly to their hard drive because they have experience with articles 'disappearing' or changing without being noted.
Posting online allows news sources to get the news out much faster than was ever possible in the past. It seems to me, however, that it also requires a much more stringent approach to journalistic 'integrity'. In the neverending fight for readers and stories, papers can publish articles containing misinformation simply to get the story out first and then change the content later to reflect a more accurate portrayal of events.
If the only source of news is the web, how is the public supposed to know that things were ever changed? Human memory is questionable at best. Think 1984 (i know i know i know) for a second and consider Winston's job of rewriting news and, therefore, history.
Oops- forgot to remove my tinfoil hat...
That's ok, Jesus likes me anyway.
Here is an example. Consider "Poll: Hong Kong residents optimistic". I have been able to refer this article to several friends and acquaintances over the course of several years. Unlike an article from an old newspaper, the online article will not be lost or will not disappear with time. The article is shocking and dispels many of the myths about Chinese society. Before reading the article, most Americans believed that the Chinese are like, well, Americans. After reading the article, most Americans believe otherwise. The majority of Chinese in Hong Kong (to the shock of many Americans reading the article) actually cheered the Chinese government and supported the unification of Hong Kong and mainland China.
Anyhow, by ensuring that we all have an accurate picture of the world, as citizens of Western society, we can better ensure that Western governments enact legislation that best deals with other nations and peoples. Better immigration policy would be one result of the new online news.
I'm using Mozilla 1.3 in both Linux and XP with the popup blocker turned on and the scripts and plugins options set to don't allow apps to raise windows.
Mozilla does stop most of the popups in the New York Times by the way but definitely not all of them. For other sites it does appear to work 100 percent of the time.
I see the popups when going in the first time through my bookmarks or typing www.nytimes.com in the url area. Sometimes it happens when it hit the "New York Times" text in the upper left hand corner to get back to the home page. I just tested it in a tab window while entering this response and it happened again. It was the Orbitz add that they always run. I don't recall seeing any add except for Orbitz doing this.