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Sunday 27 May 2012

The NY Times - not dead yet?

On a much more serious note, Poynter media analyst Rick Edmonds takes issue with speculation about the imminent demise of the Old Gray Lady:

You may have been alarmed to read that it is "certainly plausible" that The New York Times could go out of business as soon as May... Relax, Times-o-philes. The scenario is not the least bit plausible. Author Michael Hirschorn's day job is originating programing for VH-1, and you can infer as you read the piece that he is a high-concept idea guy, not a financial journalist.

In the short run, Hirschorn asserts, a Web-driven product "could support only 20 percent of the staff." He doesn't say where that number comes from (and this is a guy who needs to "show your work," as they used to say in Algebra 1)... I don't begrudge Hirschorn his meditation on a future in which print's role is minimal or disappears. I don't happen to think, as he does, that Huffington Post, with its mix of unpaid opinion blogs, news lifted from elsewhere and hype, is the model.

[Hat-tip, Englishman in NY]

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