Comments on: Newspaper Execs Hold Private Meeting On Paid Online Content http://www.thenewcurrent.com/2009/05/28/newspaper-execs-hold-private-meeting-on-paid-content/ A Fresh Stream of Student Media! Fri, 19 Feb 2010 19:34:41 +0000 http://wordpress.org/?v=2.9.2 hourly 1 By: Rob Scott http://www.thenewcurrent.com/2009/05/28/newspaper-execs-hold-private-meeting-on-paid-content/comment-page-1/#comment-862 Rob Scott Fri, 29 May 2009 20:04:26 +0000 http://thenewcurrent.com/?p=1696#comment-862 “In the future, quite a lot will be written about how an entire industry managed to persuade itself that it would be smart to give away its product to everybody.” - WRONG! Quite a lot will be written about how the newspapers brought with them their ludicrously heavy payrolls into a medium which doesn't require it. They failed to adjust to the new online world, and delivered the WRONG sort of content. The freeness is irrelevant, if your cost of production is minimal. Newspapers are lumbering cash hemorrhaging organizations; newspapers are an anachronism. They need to wise up, move with the times, or die. “In the future, quite a lot will be written about how an entire industry managed to persuade itself that it would be smart to give away its product to everybody.” – WRONG! Quite a lot will be written about how the newspapers brought with them their ludicrously heavy payrolls into a medium which doesn’t require it. They failed to adjust to the new online world, and delivered the WRONG sort of content. The freeness is irrelevant, if your cost of production is minimal.

Newspapers are lumbering cash hemorrhaging organizations; newspapers are an anachronism. They need to wise up, move with the times, or die.

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