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In the world where technology serves as a convenience store to the human race, is there little hope left for the printed word? What does the future hold for magazines, newspapers, and books in the middle of its gyrating competition with their electronic counterparts? Witness history as eleven students take the challenge to voice out their opinions on the status of the print industry. Read, listen, see and believe.

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The Sustenance of Newspapers Through Commodification
written on Wednesday, December 11, 2013 @ 3:16 PM ✈

Cruz, Rio
INTPRIN A51
Mr. Randy Torrecampo

The Sustenance of Newspapers Through Commodification

             Across history, the dissemination of information has been established in multiple ways. Olden individuals would exchange news long before a proper form of writing system was established. News would go around orally on crossroads, campfires and most especially market places. Men dubbed as “criers” would roam from village to village announcing events such as births, deaths and other significant happenings within a particular setting. (Stephens, 1997) Upon the establishment of literacy, the circulation of news has evolved into formality. Early accounts of written news were found in ancient civilization such as in Rome and in China. Fast forward to the invention of the printing press, where it was heavily utilized in order to disseminate news in Europe, newsbooks were established and gradually fathered the modern newspaper, as we know today. (Stephens, 1997)

            Today we recognize newspapers as more than just an avenue by which we can absorb information, it has penetrated our lives in such a way that it has encompassed the ability to organize cultures all across the world, uniting us, and giving us various perspectives towards people from all across the globe regarding a particular event or issue. In an educational setting, the newspaper proves its importance by building students’ learning and thinking capabilities, further stimulation their interest in reading thus the more enhanced effectivity in their venture for higher learning. (Gardner & Sullivan, 2004) In the world of commerce and trade, the newspaper plays a significant role as corporate magnates and classified advertisements and other forms of announcements have graced its pages to keep transactions flowing and consumers informed. With fast paced growth that the modern society is experiencing with regards to technology, multiple sources of information has arisen. The emergence of the internet has broken several barriers with regards to receiving information as it is something cheaper and more accessible to people. Newspaper publishers are experiencing bankruptcy in line with the recession as economic turmoil propelled alongside a growing void in newsprint consumers. Revenue has been minimal which have pushed these publishers to eventually close down, leaving a series of newspapers to one by one close down. (Rogers, 2013) Undeniably, there has been a marginal decline with print news publications because of the lesser demand from people. One of the primary reasons for this decline is the multi-platform availability of the newspapers’ most important commodity; the news. Deriving from the survey my group mates and I conducted among our peers, the internet proved to be the most favored primary news source where 73% of the correspondents answered a 5 on a 1-5 scale of frequency. While other media platforms such as radio and television garnered a significantly high number regarding frequency of use while the newspaper deems to be the least frequented source of information in our survey. However, it must be stressed that the correspondents have indicated that among all the news sources, the newspaper proves to be the most credible source for them. Our survey mirrors global statistical analysis conducted by the University of California, Berkeley as more people are consuming news online shown below: 


          With these results, the trend becomes ever more clear. People, especially the younger age groups are now more dependent on the Internet for their primary news sources (Garbowicz, 2013). The trend remains at constant increase and has yet to witness a decline, which leads us to questions regarding the financial viability and survival of newspapers.

         The theory of commodification originates in Marx’s Grundrisse, in which he noted that objects are commodified by acquiring an exchange value, instead of having merely an intrinsic value in the same way, cultural products in the form of images, ideas and symbols are produced and sold in media markets as commodities (MqQuail, 2009). To break it down simply, commodification occurs when anything is exchanged for a particular value much like how women are commodified through prostitution because they capitalize on their bodies in order to achieve the exchange value that is money.  Reliable news or simply reliable information is a newspaper’s most important commodity to offer, this is primarily their main source of cash flow but with the changing world that we are in right now, most are forced go multi platform in order to save their brand. According to The Economist, top ranking news publications have capitalized on their established credibility and  commodified their news to be able to sustain financial income. A few examples of newspapers joining the online transition and gaining wild success would be the Huffington Post, New York Times and Guardian. One might blatantly ask; don’t they offer news for free? How do they then earn money? Publications owe their online financial success to online advertisements, these are other companies and corporations as well that are willing to pay the website in order to showcase a particular ad to the online viewer audiences. In line with the technological advancements that brought about the internet, a new niche market has also been created with the emergence of handheld devices like smartphones and tablets that are run on application softwares or simply ‘apps’. Newspapers have further found salvation within these ‘apps’ because through this, news has again undergone commodification by going back to the same old system of subscription models. Like door to door delivery, news brands have successfully converted free readers into paying subscribers which perks them of premium news. This has been founded on the idea that people would rather going straight into an app instead of searching for news and that that market is willing to pay for that advantage (Suciu, 2012).  But what of the sustenance of print news or newspapers? Well with the thriving e-commerce that news brands have participated in, we should still keep in mind that there still exists a digital divide and only a significant fraction of the world population has access to the Internet. The access to technology is not enough to eradicate the digital divide (Meyer, 2013).  This directly indicates that there is still are still audiences that newspapers can cater to which completely obliterates theories of the death of newspapers. In sustaining print news, news brands may very well utilize their online income to fund print circulation because so long as there is reliable news to commodify, the viability and sustainability of newspapers will remain possible. Trends may come and go but it is paramount to keep in mind that newspapers will remain in circulation today and also in the distant future because of the varying audiences it has yet to cater to.

SOURCES

  • McQuail, Denis. “McQuail's Mass Communication Theory.” 6.1. London: Sage Publications, 2005. Google Books. Web. 5 July 2013.
  • Stephens, Mitchell. “History of Newspapers” Collier’s Encylopedia (1997). Web. 10 Dec. 2013. < http://www.nyu.edu/classes/stephens/Collier's%20page.htm>
  • Garner, John and Sullivan, Betty. “ The Newspaper as a Tool for Educational Empowerment: Origins and Rationale”. The New York Times (2004). Web 10 Dec.2013.
  • < http://www.nytimes.com/ref/college/faculty/coll_mono_gard.html>
  • Rogers, Tony. “Why Are Newspapers Dying?” About (2013). Web 10 Dec.2013.
  • < http://journalism.about.com/od/trends/a/dyingpapers.htm>
  • Garbowicz, Paul. “The Transition To Digital Journalism” Berkeley Graduate School of Journalism. (2013). Web. 10 Dec. 2013. < http://multimedia.journalism.berkeley.edu/tutorials/digital-transform/print-and-broadcast-news-vs-internet/>
  • N.p. “To Survive Online, Newspapers Are Seeking A Worldwide Audience”. News of the World (2012). Web. 10 Dec. 2013. < http://www.economist.com/node/21550262>
  • Suciu, Peter. “Newspapers May Find Salvation In Mobile Apps”. E-commerce Times (2012). Web. 10 Dec 2013. < http://www.ecommercetimes.com/story/74669.html>
  • Meyer, Leila. “Digital Divide: Access Is Not Enough” Tech Literacy (2013). Web. 10 Dec 2013. <http://thejournal.com/articles/2013/07/10/digital-divide-access-is-not-enough.aspx>



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