Saturday, March 07, 2009

Newsday Invites Soft Forgetfulness of NewsPrint Industry

But, soft! what light through yonder window breaks? ~ William Shakespeare ("Romeo & Juliet").

Could it be the greenish glow emitted from the LCD flat screen of some portable mobile device, as yet another "Gen Y" scrolls through their morning paper, with an occasional perfunctory sip of their Starbux coffee--blithely unaware another newspaper plant has closed....
"Our goal was and is to use our electronic network assets and subscriber relationships to transform the way news is distributed,” said Chief Operating Officer Tom Rutledge on Cablevision Systems’ (CVC-$10.35) conference call. The question going forward is what will happen to the print version of Newsday? … Read More….
Editor David J Phillips does not hold a financial interest in any stocks mentioned in this article. The 10Q Detective has a Full Disclosure Policy.

1 comment:

I Beam said...

I just read somewhere NYT or WTP was going to give these away "FREE" to its readers?

FYI to the NYT or WTP CEO -- Your remaining subscribers aren't buying these in the open market today. Why? Its not 'cuz they are expensive. They suck.

In your rush to cut costs, don't forgot to adjust your numerator as well.

On that note, Mr NYT or WTP CEO the subscriber base today is not eroding 'cuz of growing costs or alternative media. It's your opinion filled, agenda driven content.