Being that this is my midterm blog post i figured i should probably do it big. Therefore, i found two very interesting articles, both similar in content. One is about general newspaper circulation , and the other is about Forbes magazine.
Beginning with the recent decline in the circulation of newspapers, as the article states this is due to the new popularity of reading the news online, and the recession our country is facing. They say that this time last year the rating had not dropped as "sharply." Understandably, within a recession people begin to cut down, even on silly expenses like the paper, or their early morning coffee. inste
ad people wake up earlier, make their own coffee and read their new via Internet. Also mentioned in the article, airport and hotels are apparently the largest distributors of newspapers. (who woulda thought?) And since people are not vacationing due to the decrease in job security, and expense the newspaper industry is suffering dramatically. USA Today lost their top spot in the circulation to the Wall Street Journal, who also sells online subscriptions. Next, a similar situation i am assuming is taking place within the magazine world, since Forbes is having to do ANOTHER layoff. (this is due to the decrease in advertising.) Last year, they had dismissed an estimated 100 em
ployees. Forbes also places the blame on the Internet, as well as, the recession. They predict that the magazine industry will be extremely different after the recession.


My question is do these companies need a bail out? how will they change after the recession?
I think that companies as well as, the people will adapt to the recession and begin by making Internet subscriptions, so you will pay a monthly or annual fee based upon what they would've normally made by selling their copies of printed materials. And in all actuality i think this would be great considering the whole new "going green concept." Everyone seems to be going green, so this would help reduce the diminishing amount of trees, as well as, the pollution the these papers and magazines may produce when they are not recycled properly. All in all, i think although the recession hasn't been plesant, it maybe putting companies n the position to prioritize.