10 responses to “Small papers best positioned to survive recession, changing news business”

  1. Laurel Delaney

    Hi, Michelle, found you through Technorati while checking EFCA rankings! Thanks for featuring us on your blog. You are an amazing writer! Keep it up. Best wishes to you … Laurel (Chicago), the official originator of the Escape From Corporate America blog.

  2. Find Niches

    Excellent content here and a nice writing style too – keep up the great work!

  3. Bobby J. Jone

    Michelle,
    How do you see the economics of large newspapers are different from smaller newspaper publisher?

  4. Walter L. Johnson II

    Nice article, Michelle. I’ve written for a local community newspaper in Georgia for almost the last four years, and I agree that it’s been a tremendous learning experience for me so far. The newspapers (and other media outlets) that do manage to stick around in the years to come must have a local (or at least a hyper-local or even regional) focus. It’ll be interesting to see how things will turn out.

  5. nonfiction dad

    Michelle,
    This post is near and dear to my heart. I grew up in LaGrande and read the Observer my whole life. I think we can learn a lesson from this article in general that we need to rethink our definition of “efficiency” and “profit.” Sometimes smaller and more direct is better than bigger and more leveraged, and a never ending pursuit of higher and higher profits can in and of itself be a destructive affair.

    The lady in Burns’ comment about the yuppie owner sums it up perfectly. The people that run these papers and make the decisions are intimately involved with the people and the community they cover, and thats who they have to answer to. Not Wall Street. Its more genuine and honest in that sense.

    Plus, these papers can get by with 5% profit margins and still pay the bills. If the conglomerates had that low of a margin, they would be crying bankruptcy, and asking for a bailout.

    For another angle on this check out townsync.com, part of their promise is to franchise their hyperlocal site to individual communities, and specifically the people behind newspapers in those communities.

  6. nonfiction dad

    -signed post for your editor-

    Michelle,
    This post is near and dear to my heart. I grew up in LaGrande and read the Observer my whole life. I think we can learn a lesson from this article in general that we need to rethink our definition of “efficiency” and “profit.” Sometimes smaller and more direct is better than bigger and more leveraged, and a never ending pursuit of higher and higher profits can in and of itself be a destructive affair.

    The lady in Burns’ comment about the yuppie owner sums it up perfectly. The people that run these papers and make the decisions are intimately involved with the people and the community they cover, and thats who they have to answer to. Not Wall Street. Its more genuine and honest in that sense.

    Plus, these papers can get by with 5% profit margins and still pay the bills. If the conglomerates had that low of a margin, they would be crying bankruptcy, and asking for a bailout.

    For another angle on this check out townsync.com, part of their promise is to franchise their hyperlocal site to individual communities, and specifically the people behind newspapers in those communities.

    Sincerely,
    Gabe Barber
    http://www.readinglocal.com

  7. Best of WordCount: Oregon edition « WordCount – Freelancing in the Digital Age

    [...] The Smalltown News – Small newspapers are in a better shape than big ones to survive the recession and changing news business, according to this story I did for Oregon Business magazine. [...]

  8. Michelle Rafter

    Thanks Laurel – I appreciate the note, especially since right now WordPress.com’s analytics are broken so I have no way of telling whether visitors can click through to the blog. But based on this I know now they can and are.

    Michelle Rafter

  9. Michelle Rafter

    Larger newspapers had been used to operating on much larger profit margins – double digit margins weren’t unusual even just a few years ago – from display and classified advertisers who didn’t have many other options for getting their information in front of their audiences. Higher profit margins meant they had the luxury of funding a large news team. Also, many large newspapers have gone from being privately held or family run to publicly traded stocks that have to answer to public shareholders and Wall Street, which demand quarterly profits.

  10. Michelle Rafter

    Thanks for the feedback, I appreciate it.

    Michelle R.

Leave a Reply

Michelle V. Rafter

Reporting and blogging about business, tech and media.

Add to Technorati Favorites
Blogroll Online Writers Groups Professional Organizations Resources Where I Write Writers

The Blogathon is coming! The Blogathon is coming! The 3rd annual WordCount Blogathon is just around the corner. This May, freelancers, writers and bloggers of all stripes are invited to join me in a blogging marathon - posting 31 days straight. This year's Blogathon promises to be better than ever, with participant badges, giveaways, a guest-post exchange, and real-time recap. Look for more details coming soon. Meanwhile, check out Blogathon resources here. Read. Comment. Enjoy.