Before the collapse of printed newspapers, owners could expect a 30% profit margin from their businesses. Then came the e-revolution.
Times change, and even the revolution can generate good things. After flailing around a bit to try new things like e-publishing, newspapers have returned to print.
Shocking, I know. But it’s working. Now owners can expect about a 10% margin…still very, very good in terms of a business model. Many of the bigger papers that had gone out of print or to e-models are returning to print version.
This is great news for writers. Because hand-in-hand with the rebirth of newspapers is the idea that papers, above all other news forms, are reliable, consistent, and provide quality.
Check around your local area to see what opportunities might have sprung up out of the ashes. And good luck!