The Death of Old Media May Be Sooner Than You Think
There are links to a whole series of stories today that all add up to the fact that the movement of media to the Internet may happen sooner than you think. I think a lot of us believe that soon enough newspapers will be digital, "television" will be independent of the boxes in our living room and the like, but, if you're like me, you can't help but think of the number of late adopters who need the special converters for when we go to Digital TV in 2009. Nevertheless, Google says that the Internet is continuing it's robust growth and that online advertising is looking strong compared to other sectors, http://www.mercurynews.com/google/ci_9064287, the WB network is rising from the ashes as an Internet only destination to compete with Hulu and Joost, http://www.nytimes.com/2008/04/28/business/media/28tube.html, the Capital Times, a Madison, Wisconsin daily is stopping its print edition and publishing only on the web, http://www.nytimes.com/2008/04/28/business/media/28link.html, and, overall, US newspaper circulation continues to drop. http://www.editorandpublisher.com/eandp/news/article_display.jsp?vnu_content_id=1003795106. Even the venerable Hollywood Reporter has realized that it needs to focus more on the web and expand it's blog offerings.
