Pros
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Cons
| |
Hire more journalists to cover a bigger range of events.
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Makes the news more divert and gaining a bigger audience as there are many events
|
You have to pay the journalist for their stories
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Put more ‘sponsored content’ online and in your paper.
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You get paid for the advertising increasing the profits
|
People may find it annoying as it is in the way of their news
|
Sack journalists
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You don't have to pay for their wages
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Less stories to cover for the news events
|
Make journalists tweet more.
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More interaction with the audience and constantly updating them.
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They will spend extra hours which you may have to pay them for it.
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Make journalists write about celebrities more
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People are more likely to click on/read celebrity news than politics
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The news program turned into a Tabloid.
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Increase cost of paper
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More money from the selling the newspapers
|
People may not want to pay a higher price for a newspaper losing some audience
|
Put up ‘paywall’
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Increase profit, getting paid monthly from the subscribers
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People will not want to subscribe
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Ask readers to write more stories (for free)
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More stories will be written for the website or the paper
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There will be a question on the validity of the company
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Shut down your paper (go online only)
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You don't waste money on printing and distribution
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You will limit your audience and exclude the ones that do not have access to the internet
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Decrease price of newspaper (or make it free)
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It will have more sales
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People can pick it up and use it not for its intended use
|
Monday, 30 October 2017
Newspaper Profit Table
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