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Tis the season
A Christmas tale for journalists.
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Quotable: It won’t be benign in 2009
My hunch is that the Internet may well – and soon – bring us an utterly scary reduction of traditional content models that is somewhere in the neighborhood of 1:5, i.e. if you keep relying on the old ‘disconnected’ content revenues models you may eventually see only 1/5th of the financial returns that you had…
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An unlikely savior
Illinois Gov. Rod R. Blagojevich saves newspapers? Updated: Well, maybe not. The public is not going look at the Blaggy scandal and slap itself on the forehead in recognition of the threat posed to democracy by shrinking newsrooms. The public is learning everything it cares to know about Blaggy from TV and blogs. Newspapers? You…