Saturday, November 3, 2007

The Death of Newspapers

http://www.tucsonweekly.com/gbase/Opinion/Content?oid=97000

"Most of these cuts--although not necessarily all of them--are typical of the dumb-ass greed of today's newspaper companies. It happens all the time: A newspaper has an off quarter or year, profits-wise (they're still profitable, mind you, just not as profitable as shareholders or managers want); management responds by cutting staff and resources to keep profits high; the paper's quality invariably suffers without the resources it had before; readers/advertisers notice this and stop reading or buying ads; a newspaper has another off quarter or year, profits-wise; repeat cycle."

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