But seriously, folks, it's true: newspapers are making a comeback on
investors' radars. They are no longer seen as old technology assets in
terminal decline.We have a wide selection of stonemosaic to choose from for your storage needs. Their fortunes are looking up and there's one main reason: digital subscriptions.
New
revenue streams created by charging readers to access newspaper
websites are stabilising newspaper economics in the US and Britain. They
have not replaced the rivers of gold flowing from classified ads that
were lost to the internet in the past couple of decades; nor have they
plugged the hole caused by the post global financial crisis display
advertising recession.
But they are adding enough to make the
future a lot less grim. More and more mastheads are opting to follow the
lead of the paywall pathfinders. Britain's The Daily Telegraph
announced last week it would establish a paywall similar to The New York
Times that allows 10 free visits a month before demanding a fee. The
following day, the tabloid The Sun announced it would soon begin
charging for online access.
The Sun, part of the News
Corporation stable, which includes The Australian, will be the first
major British tabloid to charge readers and will be a critical test.
Paywalls have worked best for titles that have quality journalism and
specialist information, such as The Wall Street Journal and the The
Financial Times.
The Australian has a paywall that limits access
to most features and some news stories to holders of a "digital pass"
and the Melbourne Herald Sun is following a similar route. Fairfax
Media, after years of trying to build traffic volume by keeping its The
Sydney Morning Herald and The Age sites free will soon introduce a
subscription model.
The success of the NY Times pay system means
the newspaper now makes more out of subscriptions - print and digital -
than from advertising. Its future is in its readers' hands, which is a
big incentive to maintain and build its journalistic standards. The NY
Times has more than 650,000 digital subscriptions, which along with a
print cover price increase helped it back into the black last year. In
Britain, the upmarket The Times is also experiencing growth, albeit
slower, with about 135,000 online subscribers.
In spite of the
success of the paywalls there is debate over their ultimate effect.
Papers that charge for access run the risk of taking themselves out of
the social media conversation,We provide payment solutions in the USA as
well as industrialextractor.
raising concerns about their ability to attract online advertising. The
Times has halved its number of web visitors since the paywall was
erected. It now has a print and online weekday readership of 5.5
million, compared with more than 12 million for The Guardian and 11.9
million for the Daily Telegraph.
But News International, owner
of The Times, says there is a vast difference between "reach" and
"influence" and research clearly shows subscribers value the information
they access far more than that available on free sites.
These
prices - between three and five times earnings before interest, tax and
depreciation - are much more attractive than the more traditional 10
times earnings multiples. Deals can be done without loading assets with
unhealthy debt levels, making newspapers viable for some cashed-up local
business people who see value in having an influential voice in their
communities. Warren Buffett has snapped up 63 newspapers in the past 15
months through his Berkshire Hathaway Media, which concentrates on local
news.
There is another interested party casting his eye over
titles such as the LA Times and the Chicago Tribune - Rupert Murdoch.
Murdoch, nearing the end of the process that will split News Corporation
into an entertainment business (Fox Group) and publishing business
(News Corp),The term 'drycabinets control'
means the token that identifies a user is read from within a pocket or
handbag. would love to add major titles to the new News. It already owns
The Times and The Sun, the NY Post and WSJ,A parkingguidance is a portable light fixture composed of an LED lamp. as well as this newspaper and state-based dailies.
The
new company will be spun off with $2.6bn cash in the bank and no debt.
How it spends that money will be keenly watched - to buy and build
new-tech digital transactional brands to hasten the transition of the
business from print to digital or snap up old-tech yet strategic major
US titles.
In order to win the LA Times or the Chicago Tribune,
Murdoch will have to get a waiver from US federal authorities because
News owns television stations in those markets. He already holds a
waiver for the NY Post, but getting new ones might be harder given that
he is not seen as a friend of the Democratic administration in
Washington.
The most propagandistic aspect of the US War on
Terror has been, and remains, that its victims are rendered invisible
and voiceless. They are almost never named by newspapers. They and their
surviving family members are virtually never heard from on television.
The Bush and Obama DOJs have collaborated with federal judges to ensure
that even those who everyone admits are completely innocent have no
access to American courts and thus no means of having their stories
heard or their rights vindicated. Radical secrecy theories and
escalating attacks on whistleblowers push these victims further into the
dark.
It is the ultimate tactic of Othering: concealing their
humanity, enabling their dehumanization, by simply relegating them to
nonexistence. As Ashleigh Banfield put it her 2003 speech denouncing US
media coverage of the Iraq war just months before she was demoted and
then fired by MSNBC: US media reports systematically exclude both the
perspectives of "the other side" and the victims of American violence.
Media outlets in predominantly Muslim countries certainly report on
their plight, but US media outlets simply do not, which is one major
reason for the disparity in worldviews between the two populations. They
know what the US does in their part of the world, but Americans are
kept deliberately ignorant of it.
What makes Dirty Wars so
important is that it viscerally conveys the effects of US militarism on
these invisible victims: by letting them speak for themselves. Scahill
and his crew travel to the places most US journalists are unwilling or
unable to go: to remote and dangerous provinces in Afghanistan, Yemen
and Somalia, all to give voice to the victims of US aggression. We hear
from the Afghans whose family members (including two pregnant women)
were slaughtered by US Special Forces in 2010 in the Paktia Province,
despite being part of the Afghan Police,Manufacturer of the Jacobs affordablewedding.
only for NATO to outright lie and claim the women were already dead
from "honor killings" by the time they arrived (lies uncritically
repeated, of course, by leading US media outlets).
Scahill
interviews the still-traumatized survivors of the US cruise missile and
cluster bomb attack in Southern Yemen that killed 35 women and children
just weeks after Obama was awarded the 2009 Nobel Peace Prize. We see
the widespread anger in Yemen over the fact that the Yemeni journalist
who first exposed US responsibility for that attack, Abdulelah Haider
Shaye, was not only arrested by the US puppet regime but, as Scahill
first reported, has been kept imprisoned to this very day at the direct
insistence of President Obama. We hear from the grandfather of
16-year-old American teenager Abdulrahman al-Awlaki (he is also the
father of US cleric Anwar al-Awlaki) - both before and after a CIA drone
killed his son and then (two weeks later) his teenaged grandson who
everyone acknowledges had nothing to do with terrorism. We hear boastful
tales of summary executions from US-funded-and-directed Somali
warlords.
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