August 3, 1998
Vol. 10, No. 16

HERE'S A FEARSOME THOUGHT: NO ONE'S MINDING THE STORE

Lack of good data fells attempt to tally revenues from classifieds

The old joke has always been that the people in the newsroom were there because they couldn't count. As with all good jokes, there's an element of truth to the line – in my experience, many in the newsroom are numerically challenged.

A recent study funded by the American Press Institute's Media Center and the Newspaper Association of America finds that maybe it isn't just newsroom people who have a fear of counting – it appears that many newspapers don't keep track of their classified advertising.

As you will see in the story inside, none of the 80 newspapers contacted by researchers could provide "consistent quarterly data for the past five years." The researchers – journalism professors with plentiful newspaper experience – couldn't get information on linage, the ratio of class display to liners or, in at least one case, the amount of money that a newspaper had made in classified advertising.

I can only hope that the professors are the victims of a statistical fluke – that there are 1470 daily papers in the United States that keep accurate records about classified advertising and the survey just happened to miss all of them.

The lack of good record-keeping might be headline material, but the real meat of the survey's preliminary results – disclosed at a three-day conference held last month at API's headquarters in Reston, Va. – is that the hot economy is masking some problems with classifieds.

J.T. "Tom" Johnson, a writer with a varied background (Time magazine writer, a founding editor of MacWeek, deputy editor of the St. Louis Post-Dispatch, a journalism professor himself), agreed to cover the API Media Center session for us when it became evident that I was not going to be able to travel to the East Coast. Johnson provides us with information on the session itself, and background on the focus the NAA is putting on classifieds.

But I'm a little scared: When all those newspaper accounting departments keep poorer revenue figures than what I – a known numerically-challenged newsroom type – would have kept, something's wrong.


Housekeeping notes. Three items that may be of interest:

  • Though we've attempted to get a degree of consistency in the New(s) Media column, real life keeps intruding. After a few issues of erratic presentation of the column, we were convinced we were back on track.

    Then Correspondent John Bryan's real job reared its ugly head. Bryan, who's in the editorial systems department at the Los Angeles Times, has been given a raft of new responsibilities and has asked for a sabbatical. With his witty style and trenchant observations, we certainly didn't want to lose Bryan completely, so we've agreed that for the next few months he can concentrate on his day job and that when things calm down at the paper, he'll be welcome back here.

    With that opening, we were able to persuade Steven E. Brier to come on board to alternate the column with Christopher J. Feola. Brier, a longtime newspaperman who most recently was with the New York Times, has his feet firmly rooted in print (he did stints at the Tampa Tribune in Florida and The Times-Picayune in New Orleans) but has developed a background in new media (he has been a temporary writer for the ABCNews.com web site). We've named Brier a correspondent to reflect his new role here.

  • This issue marks the first anniversary of our acquisition of NewsInc. Last year in this issue we printed a column I wrote that outlined my theories on publishing. On Page 8, you'll find a truncated version of that column, just to remind everyone (myself included) what we do and why we do it. (And don't worry, the "Persons" column will return next time.)

  • Speaking of which, August is a month of rest for NewsInc. We print 24 issues a year and that means every now and then we get some time off. Our next issue will be dated Aug. 31. See you then.

    David M. Cole

    Inside ...

    • EXTRA! Industry fairs well in ’98's first half, with some bad spots
    • Classified lifeblood of newspapers could drain out unnoticed
    • As market frets, media firms just roll on
    • Second-quarter earnings and revenues mostly trend up
    • Five-paper swap sets scene for new national daily in Canada
    • The future of print was a puzzlement a decade ago

    From NEWSINC., August 3, 1998, Copyright © 1998, The Cole Group. All Rights Reserved.

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