Wednesday, May 06, 2009

Newspapers are dead

The Times and Sunday Times are losing a million pounds a week. The New York Times is selling and renting back its own headquarters to stay solvent. Guardian Media Group is losing £83,000 a day. The newspaper industry is a dead industry walking. It is not a twenty-first century business model.

3 comments:

  1. Anonymous12:37 pm

    The end of all the indoctrination is close at hand.

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  2. Anonymous2:38 pm

    If the 'mass' media ceases to be the mass media then we will all gain. But just wait soon they will be asking for and getting government hand outs. Politic need people tp be a 'mass' and will struggle top preserve this.

    ReplyDelete
  3. I say good riddance. They have been corrupting us for too long. Too bad they still have a solid grip on cable news.

    ReplyDelete