Some of the best newspapers in America – of all sizes – are now reporting profit margins averaging 10% to 15% a year despite devastating drops in advertising revenue over the last five years, say the couple who are coming to the end of a year-long driving tour of 50 states – profiling one of the best dailies in each one.
U.S. newspapers are transforming, not going out of business, says Steinle, a just-retired journalism professor and academic provost who ran United Press International from 1988-1990. Brown, his co-researcher and wife, agrees. On their trip, they also found that:
- Transformation is bringing new energy to the best newsrooms.
- Journalists now need multiple skills to perform their jobs.
- Most papers are hoping then can charge for news on tablets and mobile devices.
- Papers are unaware of each other’s best practices, especially in meeting challenges of a digital future. In 44 interviews, 44 papers had 44 different titles for the person running digital operations, Steinle said, adding: “It strikes us as fascinating because we see it over and over again how people keep recreating the wheel everywhere.”
The Media Giraffe Project at UMass Amherst has written a short profile of the couple’s work.
OTHER RELATED LINKS:
- Video interviews, by state
- Valid Sources/Who Needs Newspapers website
- National Press Club discussion video
- Blog post by Alan Mutter about Steinle-Brown