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Sacramento Bee Cuts Staff in Half -- Are Newspapers Going to the Dogs?

By
Real Estate Agent with Elizabeth Anne Weintraub, Broker DRE #00697006

sacramento beeLast night my husband rushed in the door at 6:40 and turned on the TV news. This would not be unusual for most people, but we don't ordinarily watch the 6:30 news broadcast. Well, unless one of us is on the news, and this was one of those times.

Except we turned it on too late to catch his interview with Channel 3. They wanted to know if he thought the Sacramento Bee was in danger of going out of circulation because the Bee just announced that it was offering buy-outs to 55% of its staff. 200 of its 240 full-time news reporters have been offered money to leave, in addition to other positions and part-time jobs.

First, the Sacramento Bee eliminated some of its top-paid reporters a few years ago. Then it eliminated other positions this summer, including the consolidation of its Business and Metro sections, and it shrunk the size of the newspaper. It's not alone because 7 other McClatchy papers offered buy-outs this month.

Declining revenue from advertisers is causing the paper to find other ways to save money. Some of its major advertisers have gone bankrupt. It's also lost a lot of revenue from real-estate related advertisers due to the housing slump, and because more and more buyers are looking online for this information.

It would be a sad day indeed to wake up to find no newspaper at all on my front porch. Where do you think the newspaper industry is headed? What's the future for print? Will we soon get all of our news on the Internet and / or TV?

elizabeth weintraub land park real estate agent in sacramento

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Elizabeth Weintraub is co-partner of Weintraub & Wallace Team of Top Producing Realtors, an author, home buying expert at The Balance, a Land Park resident, and a veteran real estate agent who specializes in older, classic homes in Land Park, Curtis Park, Midtown, Carmichael and East Sacramento, as well as tract homes in Elk Grove, Natomas, Roseville and Lincoln. Call Elizabeth Weintraub at 916.233.6759. Put our combined 80 years of real estate experience to work for you. Broker-Associate at RE/MAX Gold. DRE License # 00697006.

Photo: Unless otherwise noted in this blog, the photo is copyrighted by Big Stock Photo and used with permission.The views expressed herein are Weintraub's personal views and do not reflect the views of RE/MAX Gold. Disclaimer: If this post contains a listing, information is deemed reliable as of the date it was written. After that date, the listing may be sold, listed by another brokerage, canceled, pending or taken temporarily off the market, and the price could change without notice; it could blow up, explode or vanish. To find out the present status of any listing, please go to elizabethweintraub.com.

Comments(26)

Ron Tarvin
Residential, Investment properties, rehab projects, property management, luxury homes, new construction! - Katy, TX
Broker, Katy, Houston, Cypress 77450,77494,77095

Newspapers are not as up to date as the latest news from CNN or Yahoo or GOOGLE. 

When you get today's paper, you're reading yesterdays news already and that format isn't working for most Americans anymore.

Sad but true, unless the newspaper industry "reinvents" itself, it's probably going to continue to slide into obscurity!

And I threw the paper for three years as a young boy!  WHat will kids do for work now! ( Hahaha, that's a rhetorical question because we all know kids today don't think they need to work!)

Newspaper Girl

 

Aug 26, 2008 03:40 AM
Elizabeth Weintraub Sacramento Broker
Elizabeth Anne Weintraub, Broker - Sacramento, CA
Put 40 years of experience to work for you

Hi Marty: I get several other papers, too, but not daily.

Hi Steven: Your comment made me laugh.

Hi Mary: Yeah, the LA Times did away with real estate.

Hi Jeffrey: I'm one of those people who like the feel of black ink, too. :)

Hi Patty: Do you think it's going to get so thin and so small it will eventually disappear?

Hi Chuck: I didn't feel this way about albums going away or even 8-tracks or cassettes vanishing.

Hi Ron: It's not just the up-to-the-minute news that newspapers deliver, it's also in-depth reporting that the web doesn't provide.

elizabeth weintraub land park real estate agent in sacramento

Aug 26, 2008 03:55 AM
Dawn Maloney
RE/MAX Trinity Northeast Ohio Real Estate Specialist - Hudson, OH
330-990-4236 Hudson & Northeastern Ohio

I think they are in deep trouble - mainly because they cannot deliver the same speed as electronic media, but also because they don't promote what value they bring to the table. The papers still do provide value, in my opinion. I hope they figure it out!

Aug 26, 2008 03:56 AM
Chris Ann Cleland
Long and Foster Real Estate - Gainesville, VA
Associate Broker, Bristow, VA

Elizabeth:  I'm surprised to hear the newspaper is having so much trouble.  Maybe they should figure out some ways to generate some online revenue. 

Aug 26, 2008 04:11 AM
Fred Chamberlin
Guild Mortgage Co - Oak Harbor WA - Oak Harbor, WA
Oak Harbor/Whidbeynulls, #1 Experienced FHA Mortgage Consultant

Elizabeth, I stopped taking the newspaper several years ago. I didn't have time to read what I already knew about national items, and most of them are not willing to spend the time and manpower to get the local stories.

Aug 26, 2008 04:21 AM
Ilyce Glink
Think Glink Media - Chicago, IL
Best-selling author, award-winning TV/radio host.

We are heading to an era of "all-platform" journalists. Newspapers as we know them will not exist, but there will still be a local newspaper coming to your stoop every day or maybe once a week. If you are unfamiliar with that all-platform term read this artcile about CNN's expansion of that group: http://www.mediabistro.com/tvnewser/cnn/new_bureaus_new_kind_of_journos_for_cnn_91407.asp

Great post! It definitely got a lot of people talking and thinking!

Aug 26, 2008 04:22 AM
Elizabeth Weintraub Sacramento Broker
Elizabeth Anne Weintraub, Broker - Sacramento, CA
Put 40 years of experience to work for you

Hi Dawn: Newspapers have an online presence. So they can compete online.

Hi Chris: To the Bee's credit, it has been exploring and promoting online content.

Hi Fred: I've noticed that the Bee is often days behind in reporting news, and I don't know why.

Hi Ilyce: Thank goodness my husband works for a weekly. :) I know reporters who have readily adopted the "all platform" as a means of survival (or perhaps for control). They produce, write, star, script videos and write for the web as well as other media. It's becoming much more hands-on and all encompassing.

elizabeth weintraub land park real estate agent in sacramento

Aug 26, 2008 04:33 AM
Gary Woltal
Keller Williams Realty - Flower Mound, TX
Assoc. Broker Realtor SFR Dallas Ft. Worth

Elizabeth, I like the newspaper personally and get it seven days a week. I am in the minority. The twenty somethings don't read the newspaper. Where this is all going? I don't know. It doesn't look good if you are in the newspaper business.

Aug 26, 2008 05:05 AM
Jill Wente
Better Homes and Gardens Real Estate | Gary Greene - Spring, TX
Realtor, CRS, MCNE, CHMS

Elizabeth: My first job even before babysitting was delivering papers. When it was summer and sunny, I tied my paper bag full of papers to my handlebars and away I went on my route. During the Midwest winters, I walked my route pulling my sled that had the papers I needed to deliver in it. I think all of my money went to buy candy and soda because I don't ever remember saving any of it. It will be a sad day when we don't receive any of our news in this method.

I love reading the morning paper and especially the Sunday paper. There is something about sitting in the big comfortable chair and the feel of the paper in your hand. Our local paper is already attempting to push me to their website to get additional details. It started with the condensed TV listings. Then the cartoons and now other lifestyle features.

People still pay for magazines so I hope they will continue to pay for newspapers.

Aug 26, 2008 05:08 AM
Elizabeth Weintraub Sacramento Broker
Elizabeth Anne Weintraub, Broker - Sacramento, CA
Put 40 years of experience to work for you

Hi Gary: The first thing I do after checking email every morning is read the newspaper. I can't imagine having breakfast and being forced to read something like USA Today.

Hi Jill: I used to help my brother with his newspaper route, too, and am very familiar with pulling the sled through the snow. :) The horrid part was having to get up at 3 AM. Which is why I didn't help out very often.

elizabeth weintraub land park real estate agent in sacramento

Aug 26, 2008 05:12 AM
Debi Ernst
St. Charles County, Missouri - Prudential Alliance Realtors - O'Fallon, MO
GRI, e-PRO, Broker/Sales Associate

Elizabeth - Actually, my husband has been telling me for a long time that he thinks newspapers are on their way out - at least around here.  With other ways to find out what's going on around the world, fewer people are buying newspapers...  :)

Aug 26, 2008 06:47 AM
Mike Saunders
Retired - Athens, GA

Elizabeth - I get the paper, but, that is because of the business I am in. I try to keep up with what's going on locally. In general, though, I think print newspapers are on their way out. I can see the small local papers going back to once or twice a week and then disappearing altogether. The large papers, well, I believe they will be around for a couple more decades but they to will be going away as print media. I have used my paper for the birds before, as well as for dog house breaking. What will we do when they go away?

Aug 26, 2008 07:15 AM
Elizabeth Weintraub Sacramento Broker
Elizabeth Anne Weintraub, Broker - Sacramento, CA
Put 40 years of experience to work for you

Hi Debi: The way I see it, it's mostly the profit model that is the problem with newspapers.

Hi Mike: You know, I thought about that very thing but an hour ago when I cleaned out my cockatiel's cage. What WILL we use? I suppose we could buy a roll of that brown paper contractors use to cover floors. Newspapers have so many uses: paper maché, kindling for fireplaces, washing windows . . .

elizabeth weintraub land park real estate agent in sacramento

Aug 26, 2008 07:37 AM
Myrl Jeffcoat
Sacramento, CA
Greater Sacramento Realtor - Retired

Elizabeth - The Sacramento Bee has been part of Sacramento history for as long as we can remember.  It's hard to imagine that it won't always be with us.  That being said, it seems that even though The Bee ultimately went paperless, the news always needs to be reported and conveyed.  Whether that's via paper, electronically via I-Phones, or television.  Perhaps the format will change, but hopefully, the Sacramento Bee will be with us for a long long time.

Aug 26, 2008 11:20 AM
Elizabeth Weintraub Sacramento Broker
Elizabeth Anne Weintraub, Broker - Sacramento, CA
Put 40 years of experience to work for you

Hi Myrl: It's been apparent over the past couple years that the Bee has made significant strides online and is trying to promote its columnists in that manner and send readers online. I hated it when they streamlined stocks. BTW, did you know that Lisa Heyamoto is moving away? I forget where she's going. Some remote place to teach ESL classes or something. I suspect it was by mutual agreement. She was consistently the butt of jokes by other writers, I hear.

elizabeth weintraub land park real estate agent in sacramento

Aug 26, 2008 12:56 PM
Barbara S. Duncan
RE/MAX Advantage - Searcy, AR
GRI, e-PRO, Executive Broker, Searcy AR

I forwarded your blog to Valerie, my daughter.  She is worried about the newspapers also.  I would hate to face the day without my two newspapers to read.  I'm with you.  I want the news in-depth and not newsflashes that are repeated over and over.

Aug 26, 2008 01:09 PM
Elizabeth Weintraub Sacramento Broker
Elizabeth Anne Weintraub, Broker - Sacramento, CA
Put 40 years of experience to work for you

Hi Barbara: I'd be astonished if my husband didn't already tell her -- but she probably already knows since she works for the same chain. News travels fast in journalistic circles, you know.

  • elizabeth weintraub land park real estate agent in sacramento
Aug 26, 2008 01:42 PM
Barbara S. Duncan
RE/MAX Advantage - Searcy, AR
GRI, e-PRO, Executive Broker, Searcy AR

She knows all right.  She has already expressed her worries.  I just wanted her to see how well you wrote about it.  : )

Aug 26, 2008 01:53 PM
Myrl Jeffcoat
Sacramento, CA
Greater Sacramento Realtor - Retired

Elizabeth - I haven't really followed much of Lisa Heyamoto's writing.  But I understand she's moving to Prague with her boyfriend???

Aug 26, 2008 03:59 PM
Elizabeth Weintraub Sacramento Broker
Elizabeth Anne Weintraub, Broker - Sacramento, CA
Put 40 years of experience to work for you

Hi Barbara: Well, that makes sense. I imagine with Val's expertise and talent, she will always have a job.

Hi Myrl: I guess so. It was a while ago that I read something about it and don't recall the exact details.

elizabeth weintraub land park real estate agent in sacramento

Aug 27, 2008 02:21 AM