(Courtesy: newsbusters.org)It's a tough time for the media these days. It seems toughest for the newspaper industry. Davenport-based Lee Enterprises lost more than $800 million last fiscal year and has seen its stock price plummet (it's 56 cents as I write this). The company owns my "hometown" newspaper, the St. Louis Post-Dispatch, and laid off 39 people from that paper today.
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1 comment:
Yeah. It shall happen more often. People are sick of journos and their leash-holders trying to tell us what to think. The internet allows us to openly discuss issues. Forget about centrally controlled papers and TV. They reached their use-by date.
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