A study by the Harvard Business School and New York University's Stern School of Business puts a dollar figure on the disruptive economics between 2000 and 2007 of Craigslist for the newspaper business: $5 billion. That is the estimate of how much classified advertising was saved by consumers and theoretically lost by newspapers to the free ads as the print media began its American decline. MediaDailyNews reports on the study, which has likely parallel findings in more recent years.
Spiegel Online notes the arrival of the newspaper crisis in Germany in a six-part series. It chronicles how the readership and advertising problems arrived about a decade later than they did in the United States, but how they are eerily similar in nature. The main challenge, as print declines but still carries much of the business model for newsrooms, is how to transform to digital and reinvent the newspaper to ensure it more sustainably supports digital in the shift.
In light of a lot of whistleblower news recently, it is worthwhile to highlight a Canberra Times account on how Australian civil servants are being warned (and punished when they don't heed the warning) about criticizing government. It highlights a case in the courts involving a civil servant who used an anonymous Twitter account to criticize refugee policies.