Scary title huh? The combination of online news, the newspaper’s broken business model, among other things has led to a recession-ravaged newspaper and magazine industry. In my last entry, I blogged about Seattle’s loss of its Seattle Post-Intelligencer. This week’s release of Amazon’s new Kindle DX is causing quite a stir in the newspaper industry. Earlier versions of Kindle were great for small books. The new Kindle DX, however, has a much larger screen and is great for reading newspapers and textbooks. And the newspaper industry is worried about how the device will affect the already-struggling business model.
The newspaper industry is failing so badly that Rupert Murdoch has announced that he’s going to change News Corporation’s business model and begin charging for access to their news Web sites. And he’s not too keen about the whole Kindle business model, either:
"We will not be ceding our content rights to the fine people who created the Kindle. We will control the prices for our content and we will control our relationships with our customers. Any device maker or website which doesn't meet these basic criteria on content will not be doing business long-term with News Corporation."
Aside from the newspaper’s struggling business model lies another, more important issue: journalistic integrity. Even the U.S. government is concerned. The government is considering tax breaks for newspapers to allow them to operate as nonprofits, according to a Reuters article. According to the article, Sen. John Kerry is worried that without newspapers, there will be too few journalists to investigate governments, companies and individual--I could not agree more.
It will be interesting to see how the role of the Kindle and the government play out in the future of newspapers.
Personally, I won’t get a Kindle. I have an iPhone. ☺