Quotable: October 2007 Archives

Read to riches

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Buried in Valleywag's gloating over a tiny dip in print ad revenues at The Wall Street Journal was a more telling stat: The paper's print readership went up 8 percent in the past year after its publishers cut subscription rates. Average income for the Journal's two million-plus daily readers is around $200,000 a year, their average net worth over $2 million. Sixty percent are classified as "top management." If the wantrepreneurs packing Web 2.0 don't read the Journal, here's another way to look at it: Maybe they should start.
-- PAUL BOUTIN in Valleywag

FORBES CALLS JOURNALISTS an endangered species. It doesn't have to be that way, though journalists seem to be doing their best to undermine their own profession.
-- Glenn Reynolds, Instapundit

Also on Forbes list of Worst Jobs For The 21st Century: computer programmers, radio announcers, economists, farmers, insurance agents, commercial fishers, jewelers, travel agents, federal workers.

(Source Forbes article)

History tells us: convenience wins, hubris loses. “Who is going to want a shitty quality LP when these 78s sound so good? Who wants a hissy cassette when they have an awesome quadrophonic system? Who wants digitized music on discs now that we have Dolby on our cassettes? Who wants to listen to compressed audio on their computers?” ANSWER: EVERYONE. Convenience wins, hubris loses.

-- Ian Rogers, Yahoo Music

There's some lessons in the post this quote was drawn from not only for the music business, but the news business as well. One of the most consistent complaints through the years about newspapers has been they're too hard to do busienss business with and newspapers artfully managed to reproduce that experience online.

And what is Jimmie Dale Gilmore thinking? See for your yourself

(via O'Reilly Radar)