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View Diary: Big Media's gambit to protect their profit margins (191 comments)

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  •  I agree Sue, I love newspapers (1+ / 0-)
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    I worked in the newspaper business when it was fun, profitable and expanding. I love newspapers and the feel of newsprint in my fingers. Unfortunately the Internet has killed the big city newspaper business. If any one thing it was Craig's List. It's just an unfortunate part of the Internet, but it is a business where a new technology changed the core economics. It has certainly happened in other industries. I do feel badly for all the people who are losing their jobs, but particularly for the writers. There are few other place for them to go and earn the same kind of salaries. There is a supply imbalance of journalists who would like to receive a paycheck for their work.

    "let's talk about that"

    by VClib on Sat Jun 06, 2009 at 05:08:31 PM PDT

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