The only thing that frightens me more than the financial hardships of newspaper companies in this recession is the financial recovery of newspaper companies after this recession. No, I’m not one who revels in the idea of newspaper failures – far from it. But the hubris that caused newspaper companies to get into this mess was challenged by their financial trouble recently. Recovering too quickly will allow that hubris to fester again and prevent the innovation necessary for newspapers’ long-term survival.
Entries tagged as ‘economics’
It’s Not The Economy, Stupid
July 29, 2009 · Leave a Comment
Categories: General
Tagged: economics, industry change, Journalism
