According to a breaking news story in the Boston Globe this afternoon, the Christian Science Monitor has opted to eliminate its [update] weekly print edition to focus on its core business, CSMonitor.com, its website. The article quotes CS Monitor editor John Yemma,
“We are getting out of the daily print business,” Yemma said. “By harnessing (our staff) to ‘Web first’ we will be putting the best of our content on the Web when it happens. It will be much more energetic. Much more a go-to place.”
With the cost of print increasingly becoming more expensive, it’s no surprise that a longtime print publication would opt to move online. Advertising is trackable, which appeals to advertisers, and it’s much more economical to publish online. Smart move by the Christian Science Monitor, that I expect will be followed by many other print publishers.
This is very big news for domain owners who have names that might be coveted by publishers – geodomains, for example 🙂 .
The giants begin to fall.
Anyone with an established domain portfolio and/or online media presence should be VERY happy today.
This is a big day in Internet history.
The CSM is not a little community newspaper. It is a global newspaper that has been around for maybe 100 years or so.
BIG BIG news. Surprised the MSM hasn’t picked up on it yet.
Here’s the link to the original story with video from management http://www.csmonitor.com/2008/1029/p25s01-usgn.html#
Great details in the story and video.
They will still put out a weekend version.
Amen! May the daily print edition of the Monitor rest in peace.
Or as print reporters traditionally close the end of a story: – 30 –
From a Canadian journalist who long ago saw the handwriting on the wall.
Google has worked out a deal with many top publishers to get their advertisers to spend some bucks on print as well but there is really no hope. Down down they go!
hi Rob , i appreciate your services , please tell me how to list our emails-addresses into your emailing list , thanks , 2w
2w, I’m not sure I understand your request.
Elliot, I’m not getting notices of follow up comments. Any way to enable email notices of follow up comments?
I wonder if they know *********** is up for sale on Sedo.com?
Mind you CSMonitor.com is an OK domain name and will get immediate traffic.
***UPDATED BY ELLIOT***
Looks like you own the name. Maybe you should contact them rather than spamming my blog with a mention of your auction 🙂