Intriguing

Who’s Killing Newspapers?

With the bankruptcy of the Sun-Times Media Company this week, people are once again announcing the death of print. Should we be worried? Dan Gross writes at Slate, “While newspapers have serious problems, the recent failures of several newspaper companies … shouldn't necessarily lead to visions of the apocalypse. … Each company was undone in large measure by really stupid (and in one case criminal) activities by managers. … the newspaper companies that have failed wholesale were essentially set up to fail by inexperienced managers who believed piling huge amounts of debt on businesses whose revenues were shrinking even when the economy was growing was a shrewd means of value creation.”