The Newspaper As Dinosaur

“For a while now, readers have had the best of both worlds: all the benefits of the old, high-profit regime–intensive reporting, experienced editors, and so on–and the low costs of the new one. But that situation can’t last. Soon enough, we’re going to start getting what we pay for, and we may find out just how little that is.”

What’s Killing Newspapers Is The Same Thing That Killed The Slide Rule

“The only reason we’re so well-informed about journalists’ suffering is they have easy access to a megaphone. The underlying cause of their grief can be traced to the same force that has destroyed other professions and industries: digital technology… Wherever digital zeros and ones can dislodge analog processes, they either have or are. Call it a digital slay-ride.”

Borders Signs On To Publisher’s No-Returns Model

“Borders Group Inc … the second-largest U.S. bookseller, will accept books from publisher HarperStudio on a nonreturnable basis, departing from a decades-old publishing tradition, the Wall Street Journal reported. Industry practice dating from the 1930s allowed retailers to return unsold titles to publishers for full credit and without incurring shipping costs, the newspaper said.”