This WhatTheyThink print news issue examines important developments in the commercial and visual arts industry. Published since 1928, this print news focuses on increasing profits and efficiency in print shops. The issue explores topics such as wide-format printers, newspaper publishing, outdoor advertising, and management. It also identifies new technology and innovations. Among its most recent issues:
IDC Market Note discusses news that occurred in the imaging and printing market in July 2022
In July 2022, the global imaging and printing market is expected to grow by 6.4% to reach a value of $130 billion. The decline is due to two factors: an outbreak of covid-19 and slow consumer demand. During the first quarter of 2022, the shipments of inkjet printers were down by 10.8% year-over-year, while shipments of laser printers fell by 14.0%. Covid-19 also suppressed the demand for inkjet printers, affecting the overall performance of the inkjet industry.
In July 2022, Kofax was recognized as a global leader in the IDC MarketScape report. Kofax acquired cloud-based SaaS print management software provider Printix, enabling modern workplace printing. Kofax provides a complete cloud-managed print infrastructure and secure printing environment. Further, the IDC Market Note highlights news about the imaging and printing market in July 2022
Gannett’s review of print frequency of almost all of its more than 200 dailies
In a series of editorials this past spring, Gannett has publicly called for a halt to print-only opinions in its papers. The decision to cut the number of daily opinion pages was based on reader surveys and a task force of editors. While editorials are not dead, opinion pieces have become the most frequently read articles online. Likewise, readers can’t tell the difference between opinion pieces and news reporting online. While Gannett’s internal research suggests that opinions are overflowing on social media, it’s hard for readers to differentiate the two. Younger readers often mistakenly assume that opinions and news stories are the same. Gannett’s research suggests that it’s unnecessary to publish opinion pieces in daily newspapers, but it’s not impossible to find them.
In response to the criticism, Gannett plans to reassign its reporters to regional beats and stop making political endorsements. The company hopes to reduce the amount of hyperlocal coverage it runs, but it also wants to focus on local issues and become a modern public square. The publisher plans to send mailers to all its readers informing them of the closures.
Rising cost of newsprint
The dramatic fall in newsprint supply has put the industry’s future at risk. Earlier this year, more than 3 million tonnes of newsprint capacity was shut down, and most papers ceased to distribute hard copies in rural areas. Amid rising prices, many market players are expecting that shortage will continue in the first half of this year. The reason for the shortage is unclear, but many factors are at play, including high gas prices and PfR availability. Demand has been so high for the past few years, and the industry is already facing a shortage. Leading domestic newsprint producers have already raised their prices by around Rs 3,000 per tonne.
The first quarter of 2022 saw the prices of newsprint in the UK rise by almost four-and-a-half tons, while the price for improved newsprint rose by about a quarter. As a result, the price for newsprint in the UK has almost doubled since then, with prices in the US now rising by about a third. Meanwhile, the prices of newsprint in Continental Europe have increased by similar percentages, with some suppliers opting to continue offering six-month contracts.
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Newspapers’ shift to e-editions
Gannett’s papers aren’t the only ones considering the move to electronic editions. The Plain Dealer in Cleveland has already scaled back its home delivery service to three days a week. Meanwhile, McClatchy, the parent company of 30 U.S. newspapers, has announced that it’ll eliminate Saturday editions and cut Sunday print runs. Several newspapers have also already eliminated printed editions, such as the Tampa Bay Times.
While reducing print days is an important step toward preserving the newsroom in a digital age, it isn’t enough to ensure a newspaper’s survival. A well-executed strategy, developed with a deep understanding of readers and rolled out over a long period of time, is necessary for a newspaper’s survival. The transition to an all-digital model should include a plan for preparing readers for the future of newspapers.