$50M to Flow from Statehouse to Main Street by ProQuest

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									Pain Is the Story of the Year for Newspapers                                                                                                                                                                          Economists,
Layoffs across N.J. reflect industry’s struggle with changing business model, Internet news                                                                                                                          Corzine Clash
                                                                                                                                                                                                                     Over Economy

                                         Steven J. Dundas
         By Scott Goldstein

                                                                                                                                                                                                                    Experts praise effort, but
IT’S QUIET on press row in Trenton
these days.
                                                                                                                                                                                                                    say much more is needed
            Four reporters were laid
 MEDIA off at the Statehouse                                                                                                                                                                                                    By Martin C. Daks
bureau for Gannett Co. Inc., leaving
an editor, a deputy editor and a clus-
                                                                                                                                                                                                                    PLAINSBORO — “These are deeply
ter of empty desks. Next door, The
                                                                                                                                                                                                                    challenging times, but we will
New York Times’ Statehouse office
                                                                                                                                                                                                                                    emerge even stronger
sits empty because that paper, deal-                                                                                                                                                                                 ECONOMY than before,” Gov. Jon
ing with its own cuts, stopped
                                                                                                                                                                                                                    S. Corzine told about 100 chief exec-
staffing the office earlier this year.
                                                                                                                                                                                                                    utive officers and business leaders at
      To media experts, empty news
                                                                                                                                                                                                                    the annual New Jersey Economic
bureaus like these are symbols of an
                                                                                                                                                                                                                    Policy Forum.
industry whose traditional business
                                                                                                                                                                                                                          Plans to “turn entrepreneurs
model no longer works.
                                                                                                                                                                                                                    loose” by reconsidering burdensome
      “The time of people picking up
                                                                                                                                                                                                                    regulations and cut back state
a newspaper in the morning and
                                                                                                                                                                                                                    spending will help New Jersey ride
having time to read it doesn’t exist
                                                                                                                                                                                                                    out the economic meltdown,
anymore,” said Jerome Aumente,                              In the age of smartphones, real-time news and Internet advertising, print media is increasingly being avoided by readers.
                                                                                                                                                                                                                    Corzine added.
distinguished professor emeritus
                                                                                                                                                                                                                          But the state still needs to
and special counselor to the dean at                        on their own Web sites, he said.             circulation revenue. “We have to go          Bridgewater, the Daily Record in
                                                                                                                                                                                                                    change some fundamentals, and its
Rutgers’ School of Communication                                  “The cost of fuel to deliver           through this period of transforma-           Parsippany and The Daily Journal in
                                                                                                                                                                                                                    ability to emerge from the current
and Library Studies. “That golden                           papers and the cost of newsprint             tion, and there will be a lot of pain        Vineland, according to The Associat-
                                                                                                                                                                                                                    economic morass depends on a
era has passed us by.”                                      continues to go up,” Aumente said.           with that,” Aumente said.                    ed Press. The cuts followed a round
                                                                                                                                                                                                                    national recovery, countered some
      Newspapers nationwide are                             “And as we get more green, it’s hard               Pain has been the story of the         of layoffs in August that hit 3 percent
                                                                                                                                                                                                                    state economists at the event, held
changing to compete with alternative                        to justify a four-pound newspaper            year. Earlier this month, the ax fell at     of the company’s employees,
                                                                                                                                                                                                                    earlier this month at the Wyndham
news sources, particularly Web sites,                       that ends up in the landfill, when in        all six Gannett newspapers across            including some at New Jersey news-
                                                                                                                                                                                                                    Princeton Forrestal Hotel and Con-
which are free for readers, provide                         fact a lot of that news can be pulled        New Jersey. By the time the smoke            papers, according to the AP.
                                                                                                                                                                              
								
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