The Chicago Sun-Times announced yesterday that it would no longer publish stock tables in its print edition. Instead, the paper plans to "beef up" its Web-based coverage of the markets, including more investment tools.
While many other newspapers have reduced their stock market coverage, the Sun-Times is the first major daily to entirely eliminate stock tables from its print edition. Quite honestly, I'm surprised it's taken this long for a newspaper to take this step. The proliferation of stock market information on the Web has not only transformed how we search for financial information, it has helped create a new class of investors.
Moving stock market information online is just one aspect of changing media habits. From citizen journalists and savvy politicians inspiring weblogs to sophisticated search capabilities and tools, the Internet has presented an entirely new way for readers to interact with information, and has created an infinite number of resources for reporting the day's events.
Some media chiefs are indeed taking notice. At the recent print media gathering organized by the World Association of Newspapers, held in Seoul, Rupert Murdoch, urged attendees to "respond to the changes in consumption" in an effort to profit from new media.
Which begs the question: Is the writing on the wall for print newspapers? It is "get with the new media" or die?