> That's what happens when the spreadsheet guys do "rollups." You get
> management that knows nothing about the business they pretend manage,
> excessive centralization, a corporate monoculture, and the high
> probability of a mass die off. You just saw the results of this is
> the financial sector.

Now you're just making things up.

The recession has hurt the publishing industry, no doubt at all, but that
was just the banana peel next to the grave.  I would guess that after
another 10 years or so, you'll be looking at only a few large city papers
left with successful local papers scattered within.

Journalism, such that it is today, will survive.  Print news, not so much.

As to newsmags, I'm really at a loss as to why anyone reads them any longer,
other than inertia.  40 years ago, when the news industry was very
stratified and slow moving, they made sense, but so did the evening news.  I
suspect that if you took away Dr.'s office subscriptions, you'd have
money-losing ventures across the board.  I haven't willingly read a Time, US
News or Newsweek in probably 15 years, excluding physicals and checkups.

I do continue to subscribe to magazines at home and work, and enjoy them
greatly, but they're topical, not news.


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