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CBS News: Is the Future of News Newser?

(Newser) - Political correspondent Jeff Greenfield examined what he called "the demise of the great metropolitan daily" on CBS News this morning, wondering what will replace it. The answer: Newser, among other online sources. "It is potentially an incredibly good time," said Newser founder Michael Wolff. "We have... More »

Senate Bill Seeks to Rescue Newspapers

Proposal would let titles apply for nonprofit status, save on taxes

(Newser) - Legislation was introduced in the Senate yesterday that would allow newspapers to operate as nonprofits, providing major tax breaks for an industry in free fall, reports MarketWatch. Democratic Sen. Ben Cardin has proposed that newspapers could claim 501(c)(3) status in the same manner as public broadcasting, making advertising and subscription... More »

Mother Jones Provides Model for Nonprofit News

Floundering for-profits take note of magazine's success

(Newser) - Mother Jones has thrived for 33 years as a nonprofit publication, and its business model is becoming of increasing interest to struggling newspapers, the San Francisco Chronicle reports. Though the magazine was founded as a nonprofit because of Nixon-era fears of undue influence in journalism, Mother Jones hit its financial... More »

Seattle P-I Prints Final Issue Today

Seattle's oldest newspaper switching to online-only edition

(Newser) - Seattle will become America's latest one-newspaper town after the final print edition of the Seattle Post-Intelligencer rolls off the presses today, the Seattle Times reports. Publisher Hearst is switching the 146-year-old newspaper to an online-only edition and laying off almost all of its 167 staff after it was unable to... More »

Recession Blues Rot Big Apple

(Newser) - Sure, people everywhere are suffering from the recession, but most of the country is managing to deal with it. Not New York. The Big Apple is “perpetually freaked out,” writes Hugo Lindgren in New York. The city is so packed with people, Lindgren theorizes, that it’s “... More »

Washington Post Cuts Daily Business Section

(Newser) - The latest newspaper to cut back on business coverage and stock listings is the Washington Post, Reuters reports. The paper will stop publishing a standalone daily business section and beef up its Sunday section, according to an internal memo. The executive editor spun the cuts as a move to integrate... More »

Newspaper-Less Future Nears in Some Cities

Closings presage a future without the local paper

(Newser) - With the Seattle Post-Intelligencer to print a final edition next week, it’s set to follow the path of Denver’s Rocky Mountain News, which closed two weeks ago, the New York Times reports; the Tucson Citizen will also likely close next week. A rival newspaper will remain in each... More »

Vatican: Washing Machine Liberated Women

(Newser) - The Vatican’s newspaper appears to have come out in support of the washing machine as God’s greatest gift to women in the 20th century, Reuters reports. A weekend article in l'Osservatore Romano suggested that the time-saving gadget polls ahead of birth-control and suffrage in liberating the fairer sex.... More »

Newspapers of the World, Unite: Carr

Collusion could avert disaster—but it won't happen

(Newser) - The newspaper industry is in dire straits, and to fix it, its bosses must “hold hands and jump off the following cliffs together,” writes David Carr in the New York Times. First, end free web access; it will  drive away some readers, but they're not paying for quality... More »

Seattle Paper Poised to Switch to Online-Only

Paper to quit printing if no buyer is found by March 10

(Newser) - Hearst publishing is pressing forward with plans to make the Seattle Post-Intelligencer an online-only newspaper, staffers say. The company—which has said the paper will quit publishing if no buyer is found by March 10—has made "provisional offers" to a few reporters selected to take part in the... More »

Rocky Mountain News Dead at 150

Denver saddened, surprised by the closure of old friend 'Rocky '

(Newser) - The Rocky Mountain News published its last issue yesterday just short of 150 years after its founder hauled a printing press by oxcart to the nameless gold-rush settlement that would become Denver. Staffers and readers alike mourned the passing of the paper believed to have been Colorado's longest-running business, reports... More »

Hearst to Roll Out E-Reader for Newspapers, Magazines

Publishing giant aims to save periodicals with new device

(Newser) - Hearst Corporation aims to do for periodicals what the Kindle's doing for books with a new electronic reader, CNN reports. The company—which publishes an array of magazines and newspapers, including Cosmopolitan, Esquire and the San Francisco Chronicle—hopes the device will help cushion revenues in light of sinking ad... More »

Hearst May Shut Down San Francisco Chronicle

(Newser) - More bleak news from the world of newspapers: Hearst is threatening to shut down the San Francisco Chronicle—the nation's 12th largest daily—unless it makes massive cuts. Otherwise, Hearst will seek a buyer for the 144-year-old paper, which lost $50 million last year and is doing worse in 2009,... More »

Post Drops Liz Smith Column

(Newser) - Liz Smith will dish no more at the New York Post. The paper is dropping her gossip column this week to save money, Editor & Publisher reports. It will be the first time in 33 years that Smith, 86, won't have a spot in one of New York City's... More »

Philly Inquirer Owner Files for Bankruptcy Protection

Papers will print as normal as company restructures, it claims

(Newser) - The owner of the Philadelphia Inquirer and the Daily News has filed for Chapter 11 bankruptcy protection to restructure as ad revenues plunge, Reuters reports. Company spokesmen insist operations are "sound and profitable," and managers plan to continue publishing regularly. The announcement came a day after the 20-newspaper... More »

Knox Prosecutor: I'm Sane, and I'm Suing

(Newser) - The man trying to put away Amanda Knox is getting fed up with her supporters calling him “mentally unstable,” the BBC reports. Giuliano Mignini says he’s “never visited a psychologist,” and to prove it he’s taking legal action against the West Seattle Herald, which... More »

To Save Itself, Press Should Become a Religion

Papers would enjoy the benefits of tithing and tax-exemption: Bates

(Newser) - As profits continue to fall, some have suggested turning newspapers into non-profit, endowed institutions similar to colleges. A better way to go non-profit would be for the press to declare itself a religion, writes Stephen Bates for Slate. The tax benefits would be substantial, as would legal protections for reporters-turned-priests,... More »

Times Says Times Will Survive

(Newser) - Rumors of the New York Times’ demise are greatly exaggerated, reports... the New York Times. “Despite some published alarms to the contrary, the company has positioned itself to ride out another year of recession, maybe two,” Richard Péréz-Peña writes in a review of his employer’... More »

America's First Newspaper Lasted Just One Day

(Newser) - An exhibit of early American journalism wraps up today at a DC museum, and among its gems is the first edition of the colonies' first paper: Publick Occurrences, from 1690. It's "no small treasure," notes Ned Desmond in his One Last Question blog, because the newspaper's first edition... More »

It's Time to Endow Newspapers

Times begs for its life

(Newser) - Newspapers are dying, and there’s only one way to save them, write Yale's David Swensen and Michael Schmidt in today’s New York Times: Make them nonprofit, endowed institutions, like colleges. The Internet has made the for-profit model systematically unsustainable, and constant attempts to refinance and cut costs are... More »

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