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answers (6)

carriep
1
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BEST ANSWER  chosen by asker   |  carriep  |  December 17, 2008 05:09 PM
I'm mixed on this.

The idea itself is great. I think this is a bold move, and potentially a model for print media to follow if it is successful.

Specifically for Detroit's economy, I think it's a necessary move. Michigan is hurting. Bad. Cuts need to be made.

Specifically for the people in Detroit, I think it's a sign of continued cuts, and unemployment's going to rise even higher.

As far as affecting the rest of the US, it won't for the time being. Markets are going to see if the Freep succeeds or fails, and then act accordingly. If it's successful, see this happen across the country. If not, then it won't.

The only other way it may affect the rest of the US is that Michigan will continue to hemmorage jobs and people will have to look elsewhere in the country for work.
source(s):
Living in Michigan.
Asker's rating:  
Agreed! ;)

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kraevin
0
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kraevin  |  December 17, 2008 05:05 PM
I think that there will still be some print newspapers because there is still some value in having the tactile feel. I would guess at some point almost all papers will be part of some conglomerate that will print localized versions for distribution in given areas to coincide with their online editions.
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tdubya27
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tdubya27  |  December 17, 2008 05:06 PM
It makes perfect sense for newspapers to go the digital route. Reading a traditional newspaper for current events will at best leave you 12 hours behind the information curve. Since Al Gore invented the internet, the instant news cycle is a reality.
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offthedome
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offthedome  |  December 17, 2008 06:30 PM
It's just a first step towards eliminating it completely. I would bet that that's what they do within two years.

I think almost every new source will do the same. Eventually there will be a couple that stay for the long haul. They will be the only ones left, so they will have enough market share to continue.
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garyljense...
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garyljensen  |  December 17, 2008 06:52 PM
I think it changes the game for the news print industry. I believe most people want real time information. Newspapers are outdated once they are printed. Sure there will be traditionalist who want a physical paper to read or don't have the luxury to connected during their commute. Newspaper are losing ad revenue to online new providers.
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alexdegruv...
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alexdegruven  |  December 17, 2008 07:28 PM
It's tough to say, but I think we'll see a lot of companies watching what the Detroit papers do very closely. If it works for them, papers that are hurting (and possibly some that are still in ok shape) will start adjusting their formats as well.

In all, I think that these adaptations will end up sticking, even after the economy and circulations pick up, mainly because it will just make sense.
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