This is a subject that has fascinated me over the last couple of years. I remember several years ago, someone suggested to me that someday newspapers may go by the wayside. I laughed. I liked reading the newspaper.
Then my husband worked for a newspaper. One of his clients cut back on advertising, because he was sure the internet was the way of the future. I began to think twice about my position.
Recently our local Christian radio station did a morning program on newspapers. There was much debate as to what the future of newspapers would be. By now I was convinced newspapers were on the way out.
Then yesterday I received a press release from Cheap Tweet, saying that fewer coupons are appearing in the Sunday papers, and more are available online. I haven’t noticed the newspaper coupon trend yet, but I’m not real consistent in my couponing, either.
So, that leads to the question of the week. What is the future of newspapers? Thinking back to the radio show, one point of view was that newspapers would always be around. They’re social (as in you read them in coffee shops and leave a copy…then someone else picks it up, and you discuss the day’s news).
The other point of view was that you can do all of that online, so a newspaper becomes unnecessary. People share links on Twitter and Facebook all the time. The social aspect of newspapers is moving online. Furthermore, the news online is more up to date than what you find in a newspaper.
A third opinion that I’ve heard is that newspapers will continue to exist, but their form will change drastically (to what, I’m not sure).
I know this is a stretch for a frugal topic, but as a Sociology major in college, it’s interesting to me. And newspapers have historically had a lot to do with finance. Companies buy ads. People look for jobs. People sell things in the classifieds. Coupon inserts provide an avenue for saving money.
My family hasn’t subscribed to the newspaper since my husband got let go from his newspaper job. Besides the fact that we were angry at the time (we’re over it), paying for the paper when my husband was unemployed seemed like an unnecessary expense. When he finally landed another stable job, we were so used to being without the paper, we never subscribed again.
So do you subscribe to the paper? Have you seen it changing? If you could speculate, what do you think the future of newspapers is?
Photo by Lara604.
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I'm just an average mom, trying to live a frugal life and get out of debt. I write about things that have (and haven't) worked to improve my family's financial situation. What works for me may or may not work for you, and you should always consult a financial advisor before making important financial decisions.
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