Will Newspapers Last 10 More Years?
Tuesday, April 6, 2010
Is newspaper extinction really 10 years away? The way technology changes on a daily basis, I personally don't think it will take 10 years. Do you?
According to James Tyree, CEO Mesirow Financial Inc., who led lasts October's buyout of the Chicago Sun-Times' publisher, "Newspapers have got a good strong 10 years."
C'mon, Mr. Tyree! Do they really have that long? Can they survive for a whole decade in this 24-hour news cycle, gotta have it now, world we live in?
In this article, which I found on Poynter Online, Tyree goes on to say, "By then you'll have to evolve into something else -- maybe five years evolve into something else -- or you'll just be out of business."
I think newspapers are on their way to being history in far less than 10 years.
