Dead Sequoia Tree Sheds Staff
February 7, 2009
The Wall Street Journal reporters I knew had to buy their own lunch. I think the idea was that if a WSJ reporter and I were having pizza at a joint on Lexington Avenue, the WSJ person had to pay for his slice. No economy on the old expense account required. The story “The Wall Street Journal Lays Off 14; Dow Jones Newswire Untouched” here signals that reporters may let another person buy that slice of pizza. I have no further comment on the failure of traditional media to recognize that a digital Gutenberg has disrupted much loved business models.
Stephen Arnold, February 7, 2009
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