Tuesday, October 21, 2008

Another Paper Drops the AP


Another paper has dropped the Associated Press as of today. The Columbus Dispatch has likely carried the AP for over 100 years, and due to the $800,000/year price tag, is parting ways with the company.

It seems to me that this trend is only going to continue. Could the AP possibly go out of business? I'm not sure what the AP could do to stay in business, because their core clients simply cannot afford the services anymore. Could the AP change their business model and attract more newspapers back? I think the AP will go out of business within the next five years or so, and another press syndicate will emerge with a fresh, innovative take on reporting that newspapers will be able to afford. These growing pains sure will hurt for a while.

No comments: