Media Death Watch: Editor and Publisher Axed

More

"Will the last journalist to exit the industry please turn off the lights on their way out?" 

That's what I really should have headlined this post.  Editor and Publisher has spent the last few years chronicling the demise of scrappy upstarts and venerable media institutions.  Now E&P is shutting down.  It's been covering the publishing industry for over 100 years.  Unfortunately, there's less and less industry to cover.


Incidentally, every time I write one of these posts, I get accused of doing my grim blogger dance on Old Media's grave.  This is emphatically not the point.  I work in the media.  For a venerable print publication, no less.  The demise of newspapers and magazines does not make me happy, even at the most selfish level, since it means more competition for the few remaining jobs.  At a marginally less selfish level, I love the splendiferous proliferation of outlets, print and web; the death of every one pains me.  (Well, almost every one.  I cannot say I have much wept for Hallmark magazine or Cottage Living.  But I still feel bad for the journalists involved.)  At the least selfish level, I quote Tom Stoppard:  information is light.  Fewer journalists looking for information makes us all a little worse off.

But I'm deeply concerned about the revenue model of all media.  Web advertising is starting to come into its own, but it still has a long way to go. And print ads are collapsing, particularly in newspapers, where Craigslist and similar services have decimated once-lucrative classified ads.  Many publications are dying in the gap between the old model and whatever is coming down the road.

Jump to comments
Presented by

Megan McArdle is a columnist at Bloomberg View and a former senior editor at The Atlantic. Her new book is The Up Side of Down.

Get Today's Top Stories in Your Inbox (preview)

A Technicolor Time-Lapse of Alaska's Northern Lights

The beauty of aurora borealis, as seen from America's last frontier


Join the Discussion

After you comment, click Post. If you’re not already logged in you will be asked to log in or register. blog comments powered by Disqus

Video

A Time-Lapse of Alaska's Northern Lights

The beauty of aurora borealis, as seen from America's last frontier

Video

What Do You Wish You Learned in College?

Ivy League academics reveal their undergrad regrets

Video

Famous Movies, Reimagined

From Apocalypse Now to The Lord of the Rings, this clever video puts a new spin on Hollywood's greatest hits.

Video

What Is a City?

Cities are like nothing else on Earth.

Video

CrossFit Versus Yoga: Choose a Side

How a workout becomes a social identity

Video

In Online Dating, Everyone's a Little Bit Racist

The co-founder of OKCupid shares findings from his analysis of millions of users' data.

Writers

Up
Down

More in Business

Just In