While not an eBook, this is a big step for the Christian Science Monitor, the first major newspaper to take the leap to online only. An October 28th NYT article reported the Christian Science Monitor will move to online only in April of 2009, but will begin to publish a weekend news magazine. The Christian Science Monitor states it hopes to achieve 3 goals with the switch to online distribution. Those are:
- Producing a website with 24/7 access, easy updates, and instant access to current news
- Focusing resources where the majority of its readers are – online
- Eliminating the costs of print production to become financially sustainable
This appears to be the logical move for a major newspaper with declining print subscriptions. It will be interesting to see if other large newspapers follow, and how quickly. Curious too, how might this affect libraries? In my academic library, we already subscribe online and receive microfilm rather than print. We’ll have to keep an eye on the subscription costs and see how they change as a result of the switch. Gee, maybe the money we spend on the microfilm will actually be used to buy something else!