Thursday, August 06, 2009

Cox Media to Keep Statesman

After, what, a year of trying to unload the Austin American-Statesman, Cox Enterprises decided that none of the offers it received for the paper were good enough and has withdrawn its sales offer. The Statesman's own writeup of this development may be found here.

I suppose that with and whatever other online presence the Statesman has, perhaps it is in a better position that places like, say, The New York Times, which, I understand, is kicking around the idea of charging for online access again. Because, you know, that'll keep people coming back, just like it did when they tried TimesSelect a couple of years ago. Oh, wait...

I'm still not certain that newspapers in their current form will survive much longer, but I guess that remains to be seen. Obviously some are in better shape than others.