Dvorak makes a lot of sense in this post about "old" media: they aren't doing what they need to do given the onslaught from the web. Just as movie theaters have been going with bigger screens and better sound systems (and now, more IMAX) in order to pull us from the home theater, print needs to offer something that the web can't, or can't as well. Here's how, according to Dvorak:
People in the variously attacked media must understand why their medium is special. Then they have to optimize for that specialness. For example, newspapers allow people to scan vast amounts of information quickly and efficiently. No online mechanism can do this, but newspapers often choose to simplify content delivery, copying the way other mechanisms work. Thus, newspapers are trying to be more Internet-like. Have you ever seen newspapers from the 1950s? They were packed with stories and not filled with features and fluff. Newspapers were practically all news items that readers could scan visually.
That's part of it, but the type of content matters, too. print simply can't do breaking news anymore, and they need to internalize that message. What they can do is get more analytical, and offer longer pieces. I'm far more willing to read a long piece in print than I am to read the same thing online - I'm not even sure why that is, but once a web piece reaches a certain size, I either skip it or print it.
Print needs to adapt to this changing reality, and pronto. A lot of print outlets are probably going to sink as they refuse to deal with it.