Monday, 30 October 2017

Newspaper Profit Table



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


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