Thursday, November 17, 2005
NEWSPAPER FUTURES: Editors Weblog views implications of possible Knight Ridder sale
Write's John Burke at Editors Weblog: The speculative sale of American newspaper giant Knight Ridder, or break up thereof, does not only reflect years of newspaper circulation slides and huge profit margin demands by shareholders. More relevantly in today's new media world, it demonstrates the original carelessness of the newspaper industry in underestimating the effects the Internet would have as well as the difficulties newspapers currently face in racing to catch up.
