October 24, 2012

What’s Really Killing Print Journalism

By
Jim Harris
News

Print journalism is changing fundamentally. Three dramatic events last week make the point: On October 18, Newsweek magazine announced it will become a digital only publication in 2013, ending 80 years in print.

The same week, John Stackhouse, Editor-in-Chief ofThe Globe and Mail, announced that the paper will launch a paywall for its articles. You will get to read the first 10 articles a month for free and then have to pay for the remainder. Finally Huffington Post Canada announced it has become Canada’s largest national news site, with a record 3.9 million monthly unique visitors. In the US HuffPost’s traffic has trumped the New York Time’s.

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A STAGGERING 94% OF CAR ACCIDENTS ARE DUE TO DRIVER ERROR. So think about the 40,000 lives that will be saved in North America every year in 2025 when all new cars are autonomous (self-driving) vehicles. Think of the 2.5 million people who won’t be maimed or seriously injured annually. Think of the emotional trauma that families will be spared. That’s the GREAT news. There’s also $190 billion of savings in health care costs, the value of lost wages and government benefits. (Globally 1.3 million lives will be saved every year and up to 50 million people will be spared serious injuries).

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