I went to my Uncle Will’s funeral Saturday in Hickory, N.C. (William Sudduth, 2/25/1995 – 2/23/2005, a native of Coila, Miss., who lived nearly all his adult life on Snow Creek Road in Hickory in a house I spent many hours in as a child.) The service included his sons, and grandsons and a couple… Continue reading Will Sudduth (2/27/1925-2/23/2005)
Stopping the Presses
The Internet has changed the economics of the publishing industry in a way commercial television never did. The price of news and information has irrevocably been pushed way down the supply/demand curve. The Web has also destroyed the functional monopoly of the local daily newspaper with the very high barriers to technical entry. Anyone can… Continue reading Stopping the Presses
More on newspapers buying Web companies
More on the ABout.com and MarketWatch buys: NEW YORK (Reuters) – Newspaper publishers, often seen as stodgy and slow-growing, will pay whatever it takes to grab a bigger piece of the fast-growing online advertising market — if two recent deals are any indication. — Reuters, 2/18/2005