Chief Executive Eric Schmidt said the company has a duty to make advertising work in order to help companies continue to make high quality content. Glad that they realize the fact they don't supply any of the content that they make all the money off of. There are discussions on projects about not being "evil." Shocker.
I sure hope they figure it out soon. Wall Street isn't all that patient last time I checked, unless it's Google they are talking about.
6.12.2008
6.11.2008
Newspapers will outlive Microsoft
A funny column by a Seatlle PI writer hammering a Microsoft exec for a prediction that all content will be read and fed electronically as print media dies.
Labels:
convergence,
internet,
journalism,
news biz
6.10.2008
The question that still needs to be answered
A question was asked at a newspaper conference of what we mean when searching for ways of "saving the newspaper." So what do we mean when we feel the need to "save" the newspaper? What should be saved and what doesn't need to be saved?
Performance based pay cuts but still BIG salaries
Here's a nifty comparison of CEO pay and shareholder values and the respective pay increases or decreases for 2006-2007. I'm curious to hear what next year's numbers will be. The comments are typical on the post but the one about Scripps point-man Lowe is staggering.
When you take into account inflation most staff journalists have taken a pay cut as well with the measly two percent annual increases. Here's an interesting column about that one.
When you take into account inflation most staff journalists have taken a pay cut as well with the measly two percent annual increases. Here's an interesting column about that one.
Want a newspaper job?
Looks like you better be willing to speak another language and move to another country. But there are lots of papers with increasing circulations out there. Just not in the US or Europe.
Newspaper financial woes explained simply
Here's one of the best explanations of the financial issues facing newspapers these days. Only catch is that newspapers are not investing for the flip side of the coin. Say they make it through the dark scary tunnel? They'll come out the other side and run into another critical issue of not having a quality product or even a staff to try to salvage a product.
Scary numbers and charts
Umm, don't know what to say other than - damn. I highly doubt that Wall Street will hold out for the transition of revenue sources. That's one more thing that has yet to be brought up. What's going to happen when investors want to cash in all their chips when the writing on the wall becomes more apparent.
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