
Score another one for the Web 2.0 revolution. Just one day after Time Warner Inc. (NYSE: TWX)'s Life magazine announced that it was done as a print publication, Meredith Corp (NYSE: MDP) is now saying that Child will become online-only. As I wrote earlier, I think that we will continue to see the collapse of numerous other print publications, newspapers and magazines alike. Many of them simply lack a compelling raison d'etre (Yep, I took French) with more varied, up-to-date content available on the internet. Why pay for a subscription to Child when you can read sites like BloggingBaby online for free? Why buy UsWeekly and Star when PerezHilton and Styleikon are there with up-to-the minute celebrity gossip?
If the print industry is to survive (without contracting severely) it will have to find ways to provide readers with additional value that they can't get online. Any ideas?
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Reader Comments (Page 1 of 1)
3-31-2007 @ 5:07PM
Spencer said...
Big surprise that more print media kicked the bucket. To even have a chance to survive, these mags will have to find a way to offer distinctly unique niche articles and services to find a way to keep visitors. With thousands of Web 2.0 sites already out there (see http://www.go2web20.net/
and http://www.netjaxer.com
), it could be tough.