Note: You are reading this message either because your browser is not standards-compliant, or your browser failed to load our css files.

A description of the content follows : Like we said, printed newspapers is a dying business. We told you so two months ago. If you don't believe us, will you at least believe someone who used to be an editor or a printed newspaper?

Search SCN
Sign-Up For Our
Free Newsletter
RSS

Add to Google

Blog Counter

Small Cap Network Blog

7/31/2008

See? I Told You The Printed Newspaper Business Stunk

Filed under: — SmallCapNetwork Editor @ 3:33 pm

I know I’m not necessarily your supreme authority on every single matter (hard to believe, isn’t it?), so I don’t take too much offense if you didn’t blindly agree with my June 6th assessment that printed newspapers were a wilting business…and investing in one could be bad for your financial health. If you didn’t believe me and my pessimistic outlook on newspapers, would you believe if it someone from the newspaper industry said it?

That’s basically what we heard yesterday from the former editor of the New York Post. His discussion came shortly after the New York Times (NYT) announced yet another disappointing quarter. Ad revenue is down, and so is circulation…for the whole industry.
I’m not going to rehash the article/interview, but if you’re interested, just click here to be taken to “tech ticker’s” interview with former New York Post editor Tom Colarusso.

The recommendation for printed newspapers? Don’t fight the web - embrace it.

Are you a subscriber to the Small Cap Network newsletter? If not, you’re missing out on some great trading ideas and exclusive market commentary. To sign up, just go to the top right corner of any page of our website. You’ll be joining thousands of other subscribers who have already benefited from our news and views.

Comments »

No comments yet.

RSS feed for comments on this post.

Leave a comment

Line and paragraph breaks automatic, e-mail address never displayed, HTML allowed: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <code> <em> <i> <strike> <strong>