Samuelson Can The News Business Survive
We’ve been disabused of our naiveté and arrogance. All our business models (for newspapers, magazines, network news) are now in retreat, if not rout. The Internet is stealing our audiences and our ads. Few of us imagined ourselves as heirs to textile or steelworkers, disemployed by new competition and technology. But we are. From 2000 to 2006, editorial staffs at U.S. daily newspapers dropped 4,000, or about 7 percent, says the Project for Excellence in Journalism....