Friday, October 6, 2006

Your Friday Morning News Update

Posted By on Fri, Oct 6, 2006 at 8:53 AM

-- So this new publisher will probably come in and force the Los Angeles Times to make cuts, and the paper will suffer in quality. And then readers will leave the paper; circulation will decline, and ad sales will go down, and newspaper execs will scratch their heads and wonder why all this is happening. Sigh.

I've said it before, and I'll say it again: Insane profit thirst will kill the newspaper industry, not the Internet.

-- And speaking of LA ... yikes!