The newspaper industry is in big trouble. Profits are down, ad revenue is plummeting, and the Internet is stealing away their next generation of customers. The last couple of years have been tough for print media, and things aren't going to get any easier. If the great old papers of yesteryear want to remain relevant (and profitable) they are going to need to make a change.
The New York Times may have made that change today. They just announced the launch of Times Wire, which lets users view the news as an interactive timeline. The news is updated live in a reverse chronological feed. Blog posts and new articles are all included, and the site updates every minute.
The cool thing about Times Wire is that you can customize it. Readers can narrow down the choice of news items they want represented in their timeline, and ask the Times to only send them stories that meet those criteria. They can also tweak their feeds to update with articles and blogs by their favorite writers. Times Wire also includes a photo-news gallery, which is just as customizable as everything else.
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You can check out Times Wire here. It's free, and it's not a bad way to get your morning shot of news. The other justified and ancient newspapers of the world might be circling the drain, but the Times has a real shot of surviving if they continue to learn the lessons of the digital age. Times Wire is, at least, a pretty good start.