Buy it from the newspaper
Newspaper companies know how to sell subscriptions and ads, but they don't necessarily think about selling their own merchandise. Go online to The Post and Courier store in Charleston, S.C., and you'll find all sorts of items that make money.
MORENewspapers find creative and imaginative pathways to discover new revenue
In May, New York Times executive editor Dean Baquet spoke before the INMA World Congress of News Media audience and shared his dismal prediction concerning the future of journalism-that most local newspapers were going to die in the next five years.
"The greatest crisis in American journalism is the death of local news," he said. "Their economic model is gone."
It's true that the traditional economic model may be gone, but many local and national newspapers are using their ambition and creativity to explore new and exciting business models with hopes that it will create sustainable revenue for many years to come.
E&P spoke with several of these newsrooms to discuss their clever ideas.
Read more from Editor & Publisher.
MOREThe Post and Courier announces two leadership changes
The Post and Courier of Charleston, S.C., has announced that Scott Embry and Chris Zoeller have been named to new management positions at the newspaper.
MOREPost and Courier acquires Steeplechase of Charleston
The Post and Courier of Charleston, S.C., is getting into the horse racing business, acquiring the ownership rights to Steeplechase of Charleston.
P.J. Browning, publisher of The Post and Courier, said at a Thursday announcement at The Dewberry that acquiring the event helps the media company to diversify its portfolio and invest in its community.
"It makes good business sense for all of us here to pay attention to the ways in which Charleston residents and visitors alike embrace our unique events," Browning said. "Thousands of people attend festivals around town each year, and there's every reason that this can and should happen with Steeplechase."
MORE
We have a new website:
www.newspapers.org
America's Newspapers – the association formed from the merger of the Inland Press Association and Southern Newspaper Publishers Association – was ceremonially launched October 6 at its inaugural annual meeting in Chicago.
Dean Ridings will be its chief executive officer, effective Nov. 11.
America's Newspapers unites two of the oldest press associations to form one of the industry's largest advocates for newspapers and the many benefits to their communities, civil life, freedom of expression and democracy.
"Newspaper journalism provides a voice for the voiceless, challenges elected officials, shines a light on government, calls for change when change is needed, and exposes corruption and injustice," said Chris Reen, the president and publisher of The Gazette in Colorado Springs who will serve as the first president of America's Newspapers.
More
New association launches today;
SNPA-Inland merger is complete
A new association formed by the consolidation of SNPA and the Inland Press Association was officially launched today. The name of the new association will be announced on Oct. 6 at the association's first annual meeting in Chicago.
Edward VanHorn, SNPA's executive director, said that the merger unites two of the country's oldest press associations into a progressive new organization that will use its bigger and more powerful voice to be an unapologetic advocate for newspapers.
More