For many years newspapers were famous for their global network of correspondents (gathering information), their writing and commentary on events (interpretation), and their ability to deliver the news in the morning (distribution). However, in recent years newspapers have fallen on hard times. In April 2010, The Tribune Company (Chicago Tribune, Los Angeles Tribune) filed for bankruptcy.
a. How have newspapers today been challenged on all three fronts: gathering, interpretation, and distribution of the news?
b. Ads for automobiles, and jobs were large revenue generators for the newspapers. What changed to drive down those sources?
c. Television did not appear to be the driving factor in the demise of the newspaper, but the Internet did. Why was the distribution of information on the Internet so much more devastating to the newspaper model than television was?
d. In 2010, Bloomberg L.P. took over BusinessWeek. What does that say about the weekly business and news magazine business and how they distribute information?
e. Does content trump distribution?