The big question on the minds of media professionals these days has to do with the future of traditional newspapers. Just this morning it was announced that the Congressional Quarterly is for sale, due to declining revenues and waning circulation. The New York Times was recently forced to accept a $250 million investment from a Mexican billionairre, who may or may not want an editorial voice. Stay tuned. The infusion of cash came just before the Times reported its Q4 profits fell 48%. Newspapers coast to coast are cutting staff, trimming the size of their product and increasingly turning to digital media. Can newspapers survive? Recently three former newspaper editors offered CNN reporter Howard Kurtz their views on the industry. How do you see the future of print media?
Friday, January 30, 2009
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