Word: print
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Dates: during 2000-2009
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...Central Square facility currently occupied by HCL’s technical services unit, according to HCL spokeswoman Beth Brainard. To encourage further cost-cutting, administrators and senior managers of HCL—a centralized group of libraries within the Faculty of Arts and Sciences—are eliminating print subscriptions for materials that can be found online, ceasing unnecessary purchases of duplicate books, and making reductions in binding, shelving, and storage of materials. HCL is also running a pilot program that shares research librarians between Cabot, Lamont, and Widener libraries. The program, which may cut costs, will encourage collaboration between...
...Since it is almost certain that a large portion of the print news industry will be damaged by the recession and the internet, why is it being bypassed as a bailout candidate? The easy answer is that news will be available on the internet. But, since readers are less likely to be loyal to brands when reading news online than they are with print, that answer does not address the problem. Online newspapers face more competition on the internet than they do as physical products...
...argument that economists would make for the appropriateness of the downfall of print is based on "creative destruction." As one generation of products or services become obsolete it is replaced by another which better fits the current environment. The car industry and the banks in their current incarnations look like they will dodge any application of this principle in the real world...
...case has not been made, and it should be, that the strategic value of the print media comes from the centuries that it has served as a check and balance to the central government both in the United States and elsewhere. The most obvious example of this is the reporting on Watergate done by The Washington Post, but the tradition is longer and deeper than many people remember. William Randolph Hearst may have been one of the most reprehensible publishers in history, but he was instrumental in building a level of public opinion that prevented FDR's plans...
...Politicians have every reason to want to see print media fail. That can be said tongue in cheek, but too many governors and congressmen have lost jobs after newspaper investigations to make the relationship between Fourth Estate and politicians a comfortable one. A neutered press would benefit a number of elected officials. That may be reason enough for them to stay away from providing newspaper and magazines with financial aid. The other obvious reason the government may be against putting capital into media companies is that it could give the appearance of politicians "buying" better treatment by the press. Since...