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This coming from the NY Times... They better take a look in the mirror.
by mannylee1 18y ago
This coming from the NY Times... They better take a look in the mirror.
- teaquaffer 18y agoI don't follow- what do you mean?
- patio11 18y agoPresumably, he mean that the NYT is a floundering company which has been devastated by a refusal to adapt to new business realities over the last decade. 5 years ago their stock was trading at $47. Now it is at $6. http://finance.google.com/finance?q=NYSE:NYT http://finance.google.com/finance?q=NYSE:NYT (For what it's worth, if they collapse I wouldn't bail them out, either.)
- mannylee1 18y agoExactly, you made that perfectly clear.
- mtw 18y agothe difference is that there are known solutions for automakers (more efficient cars, using japaneese production systems etc.) whereas there isn't one for print media companies
- crabapple 18y agothe nytimes isn't asking the government to deliver their papers.
- run4yourlives 18y agoyet.
- fallentimes 18y agoI think a more likely result is the dissolving of their print publication or converting to a once per week format. Could you imagine telling someone this fifteen years ago? Crazy.