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Good article, but the title is misleading. The article itself shows that new leadership made poor decisions, "had an addiction to real estate in prime location

Good article, but the title is misleading. The article itself shows that new leadership made poor decisions, "had an addiction to real estate in prime locations, and top tier consultants." Those are poor choices in a dwindling market, and show the relative youth and inexperience of the leader. I do feel journalism will eventually recover, as we will always need information. What will have to happen is the strengthening of new revenue models. "Free plus adverts" has not worked for many journals, and where it has worked, it has led to clickbait and fake news and all sorts of other travesties. We used to pay to buy newspapers and magazines. We may have to do so again.

kbenson 9y ago
> The article itself shows that new leadership made poor decisions The article is also careful to couch all those problems in the context of the wider industry. And so we found ourselves suddenly reliving recent media history, but in a time-compressed sequence that collapsed a decade of painful transition into a few tense months. > Those are poor choices in a dwindling market, and show the relative youth and inexperience of the leader. Yes, but how poor they are is defined by how deep his pockets are and how willing he is to pay for them. And for more than a year, he was willing to spend with abandon. Were his choices the downfall of the company as it previously existed, or did they just hasten the transition?
dang 9y ago
OK, we narrowed the scope of the title a bit.