Who’s to blame for
woes
By Chuck Moozakis
Could it really be that the
newspaper industry itself is to blame for reinforcing the notion that the
newspaper industry is headed toward the abyss?
That’s certainly the message
you would have heard had you attended the keynote session of February’s NAA
Marketing Conference.
“If there’s one thing I’ve
noticed about newspapers, it’s that there isn’t an industry out there that
doesn’t kick itself in the rear end more frequently and more dramatically than
this business,” said Brian Tierney, chief honcho at Philadelphia Media Holdings.

Chuck Moozakis, Editor-In-Chief
Newspapers & Technology Magazine
“Let’s talk about the assets
that we have … We need to understand them, focus on them and invest in those and
get over it.”
Newspapers & Technology
columnist Jim Chisholm has a similar message in his piece on page 28.
And I certainly heard the same
opinions when I traveled to California in late February to attend Metro Users
Group. If newspapers would just quit writing about how bad the industry is and
instead communicate how they’ve transformed themselves, then consumer
perceptions, and perhaps Wall Street valuations, would also improve.
There’s no question that the
newspaper industry remains a vital, multibillion-dollar economic force.
Yes, publishers are still
spending money to buy equipment and upgrade operations. They are still investing
in technologies and systems. And outside of a few operations, most publishers
are still earning a sizeable profit. It might not be the 25 percent-plus margins
of old, but money is still being made.
I agree with Tierney that
newspapers can do more to trumpet their successes. But as newspapers are forced
to trim hundreds of newsroom jobs, here’s the dilemma: Exactly who is going to
be left to write that story?