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In the most stunning sign yet that the Internet is rapidly replacing traditional forms of media delivery, Arthur Sulzberger, owner, chairman and publisher of the most respected newspaper in the world, the New York Times, said it was possible the times would be available only on the Internet in five years. According to a report at Haaretz.com, Sulzberger made the comment at the World Economic Forum in Davos, Switzerland last week. "I really don't know whether we'll be printing the Times in five years, and you know what? I don't care either," Sulzberger said. ""The Internet is a wonderful place to be, and we're leading there." The Times has reportedly doubled its online readership to 1.5 million a day to go along with its 1.1 million subscribers for the print edition. Sulzberger said the Times is on a transitional journey that will conclude the day the company decides to stop printing the paper.
Posted Feb. 8, 2007

On Thursday (Feb. 8) we (dnjournal) posted about the publisher of the New York Times saying he didn't know if the newspaper would still be producing a print edition in five years. In the wake of that startling statement, a lot of people overlooked another news item noting that the world's oldest print newspaper, Sweden’s Post-och Inrikes Tidningar, which started in 1645, stopped printing and went Internet only this year. Rich Lewis has an interesting article about this media migration to the Internet at The Sentinel. With readers rapidly abandoning traditional media for the web, the current flood of ad dollars to the Internet will only grow larger and that is good news for domain owners.

Posted Feb. 11, 2007

 

 

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