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View Diary: Bachmann update: puff piece generates Kos outrage (101 comments)

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  •  statsone - that's not it (2+ / 0-)
    Recommended by:
    raincrow, ER Doc

    newspapers are dying because the Internet took all their revenues.

    "let's talk about that"

    by VClib on Tue Oct 02, 2012 at 01:44:13 PM PDT

    [ Parent ]

    •  Newspapers did it to themselves with want ads (7+ / 0-)

      on the internet to drive traffic to their websites about a decade ago.

      Classifieds were lights and butter money for publications but they moved all that to the internets because of short-sighted "consultants" during the dotcom era.

      Then craigslist came along and took that traffic and then the newspapers didnt even have print classifieds.

      It truly was a horrific business decision that takes ones breath, and revenue, away.

      Texas is Texas, you know. The second you think you got it figured out, it will switch on you. Just ask Rick Perry in 2012.

      by Patience John on Tue Oct 02, 2012 at 02:14:15 PM PDT

      [ Parent ]

      •  You forget the business geniuses (4+ / 0-)
        Recommended by:
        Patience John, elwior, NoMoreLies, ER Doc

        who looked at the want ad cash flow, bought papers, and yes, borrowed like crazy.

        Thump! Bang. Whack-boing. It's dub!

        by dadadata on Tue Oct 02, 2012 at 02:50:39 PM PDT

        [ Parent ]

        •  Yes, NYC Creditists cracked me up. (4+ / 0-)
          Recommended by:
          mamamedusa, dadadata, elwior, ER Doc

          Lucky for me, I was trained by the English in proper business management. One of my early life lessons came from a High Streeter who told me, "America is not a capitalist country."

          Rather shocked, I asked, "How can you say that, that's the basis of all American business models."

          "Not true, not true," he retored, "because they never double up capital for new investments, they borrow. Capitalists double up, creditists borrow, always remember that."

          Remember that I did and it is so true, even until the end my private brigade of brigandine media pirates never once borrowed. While major media houses borrowed to the hilt, I always doubled up and at the end of the day when I cashed out, I was given cash.

          No credit, expect for the credit I gave to business advice long ago.

          Texas is Texas, you know. The second you think you got it figured out, it will switch on you. Just ask Rick Perry in 2012.

          by Patience John on Tue Oct 02, 2012 at 03:10:38 PM PDT

          [ Parent ]

      •  PJ - Craig's list, or something similiar, (4+ / 0-)
        Recommended by:
        Patience John, politicalceci, kurt, ER Doc

        was going to take all the classified ads at some point. The Internet killed the big city home delivered newspaper because it took nearly all their revenue and news can be accessed sooner and for free on the Internet. It's just a dying medium, which is unfortunate because I love newspapers, and in the golden era of journalism (1950-1990) they gave us the best journalists. We will never see journalism like we did in the 1950-1990 era because the news media business will never be as profitable and therefore won't be able to afford the army of top journalists that they did then.  

        "let's talk about that"

        by VClib on Tue Oct 02, 2012 at 02:58:54 PM PDT

        [ Parent ]

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