Newspaper producers should stop producing paper

IBM misjudged the real impact of desktop computing.

Microsoft repeatedly entered the networking era (too ?) late.

Disney saw 3D animation, turned the other way but in the end had to admit its mistake.

Encyclopedia Brittanica dramatically first missed the improved user experience brought by digitalization, then the responsiveness and accuracy of crowd computing.

The music industry failed to innovate its distribution model, and peer-to-peer file sharing and online music stores filled the gap. Same thing is happening for the movie industry.

Kodak couldn’t embrace the world of digital imaging and now faces bankruptcy. (They tried, but couldn’t really think outside their box.)

Is Canon ignoring the micro four thirds format and missing the next move forward?

Newspaper producers should stop producing paper. It’s and old means to an end (getting information), and it’s always outdated, not multi-media, not social, not interactive.

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2 Comments

  1. But the newspaper’s battery never expires and it doesn’t need a network connection. Don’t worry, they’ll stop printing if the demand dries up. If….

    Reply

  2. Thanks for your reply, Kris! Long time no see :-).

    A network connection isn’t really a problem anymore these days, and while your remark about the battery is true, how often do you pick up a newspaper that is more than a few days old? It may have an ever lasting battery, but also a rather short life span.

    Most important point, however, is that if demand dries up, old school publishers will be *forced* to stop printing. History seems to show that at that point, it’s usually too late to change your business model in order to survive.

    So the choice is theirs: prepare for the future, or wait and hope…

    Reply

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