The Newspocalypse Wasn't So Bad
Dan Kennedy writing in The Guardian argues that 2009 wasn’t all that bad for newspapers, and hey, it could have been way worse.
Last December, Tribune Company, whose holdings include the Chicago Tribune and the Los Angeles Times, filed for bankruptcy. Wall Street bad boy-turned-online provocateur Henry Blodget was predicting the New York Times’s parent company would run out of cash. Right on cue, the Times Company threatened to close its second largest newspaper, the Boston Globe, which at one time was projected to lose $85m this year.
WORK SMARTER - LEARN, GROW AND BE INSPIRED.
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