See? I Told You The Printed Newspaper Business Stunk
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.
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