Public opinion; Public relations; Publicity; Social psychology
The cost of establishing a paper with a wide appeal, which will have
the facilities of gathering news, of printing and distributing it,
is such that groups can no longer depend upon their own organs of
expression. The Christian Science church does not depend upon its
admirable publication, the _Christian Science Monitor_ in order to
reach its own and new publics. Even where the issue demands a partisan
or class origin of a newspaper, as in the case of a political party,
the results achieved by so expensive and laborious a step seldom
justify it.
Mr. Given in his book “Making a Newspaper,” points out the great
expense that is attached to the publication of a large metropolitan
daily. In proportion to their field of appeal and potential income, the
smaller dailies undoubtedly face the same economic problems. Mr. Given
says:[26] “Few persons not having intimate knowledge of a newspaper
have any idea of the great amount of money required to start one, or to
keep one running which is already established. The mechanical equipment
and delivery service alone may demand an investment of several hundred
thousand dollars--there is one New York paper whose mechanical
equipment cost $1,000,000--supplies are in constant demand, and the
salary list is a long and heavy one. For a new paper the salary list
of the editorial department is especially formidable, as editors and
reporters who have employment with well-established publications are
always reluctant to change to a venture that at best is in for a rough
voyage, and can be attracted only by high pay.
“A good many of the newspapers that are started soon become memories,
and fewer than are generally supposed are paying their own way. The
sum of $3,000,000 would hardly suffice at the present time to equip a
first-class newspaper establishment in New York City, issue a morning
and an evening edition paper, build up a circulation of 75,000 for
each, and place the establishment on a money-making basis. Run on the
lines of those already established and possessing no extraordinary
features to recommend them to the public, the two papers might
continue to lose money for twenty years. When one learns that there
are in New York business managers who are compelled to reckon with an
average weekly expense account of nearly $50,000, he can understand
the possibility of heavy losses. And it might be added, in contrast,
that there are in New York newspapers which could not be bought for
$10,000,000.”
Public-domain text, read in full here on John Shaqi.
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