10:09AM – Introducing Dave Morgan

Posted on 23. Oct, 2008 by Carl Winfield in Uncategorized

McClatchy CEO, Gary Pruitt, says that the current decline in newspaper revenue is “cyclical.” And that’s not true at all.

Big news organizations made the sausage pretty well. They were well-organized and successful: That’s why they have not been able to innovate.

William Dean Singleton, former president and chief executive of Consolidated Newspapers rationalized his sale of the Houston Post: “The moment we start declining, it’s a death model.”

He got out. But, does this mean that the major news organizations shoud follow?