Observations, analysis and rants from students in Dr. Delemeester's economics classes at Marietta College.
Monday, May 08, 2006
Newspapers down, Web up
It appears circulation of newspapers has been steadily declining over the past few years. At the same time web-readership of those papers has increased. No real surprise given an increase presence of news on the web including that of newspapers themselves. With web-readership replacing for the most part regular readership, it's a clear example of products replacing one another to fullfill an overall demand. Based on this article readership as a whole isn't down as much as circulation is. Rather folks are finding their news from different sources. Will hard copy newspapers become extinct in the next 20-30 years? Maybe. But just like the "paperless society" which was once coming, my hunch is there are enough people who need to hold the paper rather than just stare at a computer screen. That being said, there is phenomenon happening how Americans get their news. There is now an excludable, non-rival good of newspapers (excludable, rival good) and it a can all be found right at your fingertips.
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