The Washington Post reports this morning that NPR's audience has grown about 47 percent in this decade. A pretty nice bump. But NPR is still having to cut as its income declines in the recession. As for longer-term prospects, NPR stands in a pretty interesting space. While audiences for mass-media outlets have declined precipitously in the Online Age, NPR has done very well. But it's current … [Read more...]
Paper Killers
Newspapers aren't the only ones contemplating a digital future. The University of Michigan Press says it will move from paper to pixels:Michigan officials say that their move reflects a belief that it's time to stop trying to make the old economics of scholarly publishing work. "I have been increasingly convinced that the business model based on printed monograph was not merely failing but … [Read more...]
The Paralysis of Choice
A Taiwanese study of people using online dating sites finds that "the more our brains have to search through, the more difficult it also becomes to ignore irrelevant information. A person is also more likely to be distracted (or attracted to) attributes that were not initially relevant or pertinent to their original search."This is the classic consumer conundrum. Too much choice can be paralyzing. … [Read more...]
Is Ticketmaster Hurting Because Of Ticket Sales? Nope – Business is Sweet!
Ticketmaster announces a billion-dollar loss, blaming "declining ticket sales, costs associated with layoffs and a massive impairment charge." The loss is real (in a 2009-paper-losses, bank-accounting kind of way), of course. But:The bulk of Ticketmaster's loss was because of a $1.1 billion charge the company took because of a precipitous decline in its share price since being spun off from … [Read more...]
Of Poverty, Banking, and the Arts
Yesterday on CNBC, host Mark Haines said that Wall Street could not possibly be run well by people making $250,000. Here's the transcript:Let's get back to what I regard as a fundamental issue here. I know it's politically unpopular, politically incorrect. I know it goes against all of the populist indignation that's out there right now. But you can't really, it seems to me, expect that these Wall … [Read more...]
Help For The Arts (But 10,000 Arts Groups Could Go Out Of Business)
Americans for the Arts has warned arts organizations to plan scenarios for 40% cuts in their budgets as the economy gets worse. And the group says that 10,000 arts organizations could go out of business in this recession. Some have been saying for some time that the arts were overbuilt in the boom of the 90s when America built some $25 billion worth of new theaters, concert halls and museums (the … [Read more...]
Ominous sign…
when the most committed owners of newspapers start selling off their shares:Donald Graham, the chairman and chief executive officer of Washington Post Co.has sold tens of millions of dollars worth of stock in the past year through a series of trusts he oversees for his relatives. In the process he has decreased his control of the company's publicly traded class B shares to 3.2 million shares, or … [Read more...]
Apparently, the News is Free
Is there anything ironic about National Public Radio canceling its newspaper subscriptions? This is, after all, the member organization that often fund-raises with the line "The news isn't free." … [Read more...]
Is the NEA bad for the arts?
A ridiculous question, sure. The National Endowment for the Arts is the channel through which the federal government invests money in the arts. And though it's not much money, compared to what other countries invest, it's something. Besides giving money, the NEA also has the value of drawing attention or legitimacy to the things it supports. Good things. But some of the recent debates about … [Read more...]
Time to start blogging
I've been using this blog mostly as a place to put administrative posts about AJ. But I've decided to take up blogging myself. First, a couple more administrative notes. We've been adding more blogs to AJ in recent weeks. Former NYTimes reporter Judith Dobrzynski's Real Clear Arts debuted last week with a bang, and she's been breaking news almost daily, so check her out.Today is a sad day. The … [Read more...]
