[A] newspaper that reduces its coverage of the news important to its community is certain to reduce its readership as well...
...American papers have only failed when one or more of the following factors was present: 1) The town or city had two or more competing dailies; 2) the paper lost its position as the primary source of information important to its readers or 3) the town or city did not have a pervasive self-identity. We don’t face those problems.
Warren Buffett writes to his new newspaper employees, pledging local control and adequate resources. Free content is an unsustainable business model, he says, and Berkshire is likely to purchase more papers.
And the Times-Pic in NOLA moves to three day a week publishing.
Posted by: Account Deleted | May 24, 2012 at 02:34 PM
Two managing editors are gone at the Times-Pic, too. They'll be less news in New Orleans, which I suspect needs rather a lot more.
Posted by: justcorbly | May 24, 2012 at 05:35 PM