Friday, April 06, 2007

Editor & Publisher: McClatchy/Yahoo Foreign News Deal Opens Doors to Other Possibilities

From the AP via Editor & Publisher:

"Many newspaper publishers still consider major Internet companies to be a threat, but a deal announced last week to bring foreign news and commentary to Yahoo Inc. from correspondents at McClatchy Co. newspapers could open the way to even more cooperation between print and online media."

...

"Mike Simonton, newspaper analyst at the credit ratings service Fitch Ratings Inc., said newspapers are transforming themselves from being primarily distributors of information to producers of news that can then be distributed by other means."

Comment: Newspapers are starting to get it -- the distribution method doesn't matter -- content is king.