New York Times CEO Mark Thompson says he expects the end of the physical newspaper in 20 years:
The New York Times was founded in 1851, but it would surprise outgoing CEO Mark Thompson if the physical paper made it to 2040.
"I believe the Times will definitely be printed for another 10 years and quite possibly another 15 years — maybe even slightly more than that," Thompson told CNBC's A View from the Top. "I would be very surprised if it's printed in 20 years' time."
More than 900,000 people subscribe to the print version of the newspaper, said Thompson. At its current subscriber levels, the paper could be printed seven days a week at a profit without a single advertisement, he said.
But as readers become more accustomed to reading the Times on smartphones, tablets and computers each year, a printed paper is clearly a dying form. The New York Times Company reported last quarter that total digital revenue exceeded print revenue for the first time ever. Print advertising fell more than 50% year over year from last quarter, driven by both secular declines and the pandemic. Thompson told CNBC he doubts that advertising will ever come back.
"I'm skeptical about whether it will recover to where it was during 2019 levels," Thompson said. "It was already in year-over-year decline for many years. I think that decline is probably inexorable."
(Score: 2, Insightful) by takyon on Tuesday August 11 2020, @10:13PM (12 children)
The print newspaper is done for.
https://wccftech.com/foldable-ipad-specs-3nm-chip-microled-2023-release/ [wccftech.com]
20 years could be considered optimistic.
[SIG] 10/28/2017: Soylent Upgrade v14 [soylentnews.org]
(Score: 3, Funny) by ledow on Tuesday August 11 2020, @10:56PM (1 child)
You could have a foldable iPad today. Just get two iPads and one of those magentic connectors down the middle to detach (like the keyboards attach to iPads already.
From there's it's just a second monitor and software support.
I bet if you got the right Android tablet you could do this now... with MHL or whatever it's called, and a USB-C -> USB-C magnetic connector interface. One driving the display of the other, but both work independently. Hell, they would even share charge.
The question is: Why would you want to? It's just more to break, and your eyes can only really look at one at a time.
(Score: 3, Insightful) by takyon on Tuesday August 11 2020, @11:19PM
A giant flexible/foldable display might be nice, and potentially perfect for replacing a newspaper.
If $device sucks, reviews or hands-on trial will let you know.
[SIG] 10/28/2017: Soylent Upgrade v14 [soylentnews.org]
(Score: 3, Funny) by c0lo on Tuesday August 11 2020, @11:16PM (2 children)
In 5 years time, iPads will be used to wrap the fish-and-chips takeaway and as toilet paper for that shit** (large grin)
--
** of course there'll be a brief period of "you are folding it wrong", but Apple will work to... ummm... straighten those creases.
https://www.youtube.com/watch?v=aoFiw2jMy-0 https://soylentnews.org/~MichaelDavidCrawford
(Score: 2) by takyon on Tuesday August 11 2020, @11:23PM (1 child)
https://www.eater.com/2016/12/28/14101172/ipad-plates-restaurant-quince [eater.com]
I believe it. Most establishments will probably use ChiPads to save money, though.
[SIG] 10/28/2017: Soylent Upgrade v14 [soylentnews.org]
(Score: 2) by c0lo on Wednesday August 12 2020, @12:38AM
Now that the input port is covered, the output port is next.
For an... ummm... immersive experience.
https://www.youtube.com/watch?v=aoFiw2jMy-0 https://soylentnews.org/~MichaelDavidCrawford
(Score: 1, Funny) by Anonymous Coward on Tuesday August 11 2020, @11:43PM (1 child)
Netcraft confirms it.
(Score: 0) by Anonymous Coward on Thursday August 13 2020, @12:39AM
Why am I the first to mod this up for the nostalgia? Are all us old fogies getting forgetful, or is just young kids here now?
(Score: 0) by Anonymous Coward on Wednesday August 12 2020, @02:15AM (2 children)
Not so fast, how will I do my crossword puzzle, in pen, on a tablet?
(Score: 3, Funny) by takyon on Wednesday August 12 2020, @04:28AM
Write on the screen, then hit it with the sandpaper.
[SIG] 10/28/2017: Soylent Upgrade v14 [soylentnews.org]
(Score: 0) by Anonymous Coward on Wednesday August 12 2020, @05:33PM
Wonderful appy apps will app your ability to app that appword or sudappu with the appiest appness so you can app onto other apps.
Apps!
(Score: 3, Insightful) by Phoenix666 on Wednesday August 12 2020, @01:27PM
It's odd that the medium it is delivered on is still considered relevant. Information is cross-platform.
I would go further, however, and question if the "news" itself is still relevant, no matter what medium delivers it. Journalism has been so debased that it has very little currency anymore. There is still some value left in scholarship and research, but the rot is setting in there, too. "Do your homework" has never been more apt than now.
Washington DC delenda est.
(Score: 2) by Freeman on Wednesday August 12 2020, @02:16PM
Fixed the flamebait mod . . .
Joshua 1:9 "Be strong and of a good courage; be not afraid, neither be thou dismayed: for the Lord thy God is with thee"