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Saturday, October 27, 2007

NYT for sale?

Don Surber speculates on what the "family" will do to restore their failing company.
Forbes magazine is speculating that the BDS Times may be on the block. I was told a long time ago what the purpose of a newspaper is by Adam Kelly, who once was the only conservative columnist in West Virginia.

The purpose of a newspaper is to make money for its publisher.

...

NYT had to sell off its TV stations to keep the newspaper going. I used this analogy before, but it is like tossing the life jackets overboard to keep the Titanic afloat.

The print media is a failing business model, being driven into extinction faster by the ideological passions of their managers.

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