Home > Journalism > Goodbye New York Times, Wall Street Journal

Goodbye New York Times, Wall Street Journal

Go figure: ad sales are down, subscriptions are falling, reporters are losing their jobs and newspapers are continuing to raise prices. Today the New York Times, the gold standard of everything news, announced daily rags will go from $1.25 to $1.50. The move comes in the footsteps of the Wall Street Journal’s newsstand increase totaling .50 cents to $2.00 a day.

Just last week I was seriously contemplating subscribing to the Times, but after watching the subscription rate climb 4.5 percent I can’t justify the purchase. Especially since I can read the paper online for free.

With the nations two largest papers becoming more expensive, and the LA Times looking more pathetic every day, it’s hard to imagine how younger audiences will begin to see the value in high-quality journalism. To be fair to the hard working and extremely talented journalists and editors who put these papers together, it is not their fault my generation is losing faith. That falls on the realization from a young age that Wall Street sees news as money.

For a young journalist scraping to get in, the harsh reality is not only frustrating but also disheartening. I can only imagine how all the journalists must feel as they get their pink slips as profits dip and publishers refuse to tackle online media with the vigor needed to change the world.

Categories: Journalism
  1. Wendy
    July 25, 2008 at 3:56 pm

    I’m old. I love the printed page. I hate reading at length on a computer. I’d buy that subscription for the saving grace of holding it in my hands. Or, to save a tree, I’d pick it up at the coffee shop after someone else attached to print had read through it.

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