
We have been hearing about the impending death of the newspaper for almost a decade now. We have considered it as
    inevitable. With the e-book and the iPad, we are even more sure
    that conventional newspapers are doomed. I was too, until I read
    this article in the 
Fortune
      magazine, 
Profits are not
      the only consideration for newspapers. It starts:
    
    "One of the challenges of discussing the besieged newspaper business
    is that it's not like just any business, or it shouldn't be. There
    is a public-service component to newspapering that is often at odds
    with the pursuit of maximum profits. That, in fact, is the
    industry's core problem as readership and revenue continue to
    dwindle: Many of the nation's newspapers are owned by corporations
    that are concerned primarily or solely with profits, which often
    isn't good for journalism. The only way to maintain profits in the
    short-term is to cut costs."
    
    Recently, 
The New Orleans
      Times-Picayune, announced that it would cut production from
    daily to three days a week. The paper reportedly is profitable --
    but not profitable enough for its owners, who want to squeeze out as
    much as they can in as short a time as possible. People can always
    read it online, one could say. Fact is, "... more than a third of
    New Orleans' population has no internet access."
    
    If one third of a major city in the US has no internet access, what
    about Malaysia? I was asked recently, in a survey conducted on
    behalf of the Ministry of Culture, why I considered it important for
    local publishers and authors to have more support from the print media
    (namely, newspapers) in this country. Isn't social media good
    enough?
    
    The latest audited reports for July to Dec 2011, by the 
Audit Bureau of Circulation,
    indicate that a little over 2.5 million print newspapers are sold in
    the peninsula in all languages every day (not including Sundays). If we assume a readership
    of 5 persons per newspaper, we are looking at 12.5 million eyeballs!
    Granted, local authors are not as glamorous as Lady Gaga, but to
    quote Harry Shearer of the Columbia Journalism Review: do the owners
    'owe a little something back'? And '... at what point does the
    pursuit of profit begin to do serious harm to the communities served
    by newspapers?'
    
    This is not to say that local newspapers are raking in the money, 
but they do get into an unwritten social contract the moment they
    decide to publish one, as opposed to, say, setting up a 
char kweh teow stall. Do print
    newspapers have a social responsibility more than any other
    industry? And which country's cultural landscape do local
    newspapers consider themselves to be part of?