Wednesday, March 7, 2012

Warmup 3.7.12 The (rapid) decline of the media industry

Summary: This article is about the rapid decline of the media industry over the past few years when mostly talking about newspapers, newsrooms and giving percentages of how many people still read the paper, whether online or in person.

I feel like the decline of the media industry is in part of because how technology has advanced. People don't feel the need to read the papers or watch the news anymore now with social applications such as twitter and facebook, where people can get all the up-to-date news through notifications on their mobile phones.

An advantage I think is that people now can read the latest breaking news on the go and much more easily, instead of having to wait every morning for the newspapers to find out what happened since the day before. Another advantage is that it can save people money in that they don't have to pay monthly subscriptions for the daily newspaper or for news and entertainment magazines.

In my opinion I don't think there needs to be a 'solution', because as technology evolves it makes sense that outdated methods and items become obsolete, it works with everything else (Cell phones, TVs, Computers etc.) and there's no reason newspapers should be an exception.

A disadvantage is that it's putting newspapers and media outlets out of business, newspaper companies who have been around for years and years successfully are now dealing with rapidly declining numbers of subscribers and readers each year, forcing them to keep down-sizing to help save and budget money and to budget also makes newspaper companies cut people's jobs