Michael Hirschorn debates what could happen if the New York Times had to close its print edition. On the behalf of journalism, he ends on a fairly positive note
In this scenario, nytimes.com would begin to resemble a bigger, better, and less partisan version of the Huffington Post, which, until someone smarter or more deep-pocketed comes along, is the prototype for the future of journalism: a healthy dose of aggregation, a wide range of contributors, and a growing offering of original reporting. This combination has allowed the HuffPo to digest the news that matters most to its readers at minimal cost, while it focuses resources in the highest-impact areas. What the HuffPo does not have, at least not yet, is a roster of contributors who can set agendas, conduct in-depth investigations, or break high-level news. But the post-print Times still would.
By the way, Google will not save newspapers, says Eric Schmidt. Though they would like to:
The good news is we could purchase them. We have the cash. But I don’t think our purchasing a newspaper would solve the business problems. It would help solidify the ownership structure, but it doesn’t solve the underlying problem in the business. Until we can answer that question we’re in this uncomfortable conversation.
(Tip: Silicon Alley Insider).
UPDATE: John Battelle weighs in. It’s starting to sound like a smart and constructive debate…:
I hate to be the one calling bullshit on an industry I love, but really, honestly, how on earth can you want to save an industry that requires hundreds of journalists to fill a paper that has about 50-100 stories a day in it, half of them wire copy taken from AP or other syndicates? The newspaper industry has a GM problem, if you get my drift. Too many expensive workers doing too little work on products not enough people actually want to buy.