A Quote by Eric Alterman
To own the dominant, or only, newspaper in a mid-sized American city was, for many decades, a kind of license to print money. In the Internet age, however, no one has figured out how to rescue the newspaper in the United States or abroad.
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The newspaper industry when I came along in the mid-70s was rich and powerful and growing and hungry for material and open to new people. None of that is true in the newspaper industry today. Print in general is pretty rugged. The good thing is that you can gain a foothold on the Internet because everybody has access to it, even things like Twitter - I mean, you can get a reputation for being funny pretty quickly on Twitter, on a blog, that kind of thing.
One-newspaper towns are not good because all the surviving newspaper does is print money. They make 25 percent on their money every year, and if they go down to 22 percent, they start laying people off.
The United States established itself as a trustworthy new nation in its first two decades after the Revolutionary War by paying its debts, even when many in the country believed it had no obligation to do so. Alexander Hamilton, the founder of this newspaper, insisted on it.
Accuracy is to a newspaper what virtue is to a lady, but a newspaper can always print a retraction.
Accuracy to a newspaper is what virtue is to a lady; but a newspaper can always print a retraction.
I think almost every newspaper in the United States has lost circulation due to the Internet. I also think the Internet will lead to a lot of plagiarism in journalism.
The Internet will not become a money machine until the banking industry figures out how to transfer money for free so you can charge USD 0.005 (half a cent) for some simple service like, say, reading a newspaper article you have searched for. With today's payment system, the cost of the transfer of the funds completely dwarf the cost of the service paid for. ... This situation, however, is what acutely prevents the Internet from taking off as a network for paid services.
The United States lived on borrowed money for too long, inflating its financial sector unnecessarily and neglecting its small and mid-sized industrial companies.
A newspaper may somewhat arrogantly assert that it prints "all the news that's fit to print." But no newspaper yet has been moved to declare at the end of each edition, "That's the way it is," as Walter Cronkite does.
More than print and ink, a newspaper is a collection of fierce individualists who somehow manage to perform the astounding daily miracle of merging their own personalities under the discipline of the deadline and retain the flavor of their own minds in print.
There is no conflict between best in British class and being a global newspaper. We are an international newspaper rooted in the City of London, and I think people understand that. The 'FT' stands out as a global niche product.
[The web] is going to end up being a tremendous advantage, providing we can work out the financial structure. I think we’ll see newspapers survive, being printed at home... Or you’ll have a local print shop, so that rather than waiting for the newspapers to arrive by truck, which is 30 percent at least of a newspaper’s cost, you’ll go in and push a button, and it will take your dollar bills without anyone having to be there. And it will print the newspaper for you while you wait. It will take seven minutes. There’s a terrific future for print in my view and it gives me great heart.
When you're a kid, you see your parents reading the newspaper and you're like, 'God, why are they reading the newspaper?' When you're young, you're not reading the newspaper. But there comes a time in your life when the newspaper's cool.
In city after city, newspaper after newspaper has diminished its staff of critics, sometimes to zero. Film and T.V. critics have been dropped and not replaced. Maybe they're deemed unnecessary because nobody cares if anything's good or not.
The American Dream has really good PR. It's kind of difficult to live in the United States and not on some level be pulled into the allure of the American Dream. It's in the DNA of the country. So, for a population coming out of slavery, desperate to become part of the full life of the United States, it only makes sense that they would embrace this route to the American Dream.
The more boring a newspaper is, the more it is respected. The most respected newspaper in the United States is The New York Times, which has thousands of reporters constantly producing enormous front-page stories about bauxite...The [New York] Post would write about bauxite only if famous celebrites were arrested for snorting it in an exclusive Manhattan nightclub.
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