Quote to Note: Traditional Media Companies Identify Change as an Issue
January 23, 2010
Last week a friend in the UK sent me a link to a Harvard Business Review comment about leadership and management. The addled goose is not much of a leader nor can he manage the goslings. The gist of this HBR write up is that certain skills are important; for example, pattern recognition.
I read that the outfit operating newspapers in San Jose and Denver was involved in one of those unpleasant financial dust ups. Sigh.
This morning I saw a great quote in today’s edition of the New York Times (January 18, 2010, page B 3). The quote—a headline as well:
It’s Not Jay and Conan Who Changed. We Did.
Right. Now click to the Wall Street Journal’s somewhat difficult to find table of newspapers with various financial challenges. You can find this “Pressure on the Presses” table and graphic that makes it easy to spot a pattern. (Validated at 9 30 am on January 18, 2010.)
Several observations:
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The pattern of demographic change is clear at least to the headline writer at the NYT
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The casual eye can discern the trend in the WSJ’s table “Pressure on the Presses”
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Traditional media has a voice saying to me, “Houston, we have a problem.”
More accurately, the children of the people who work in traditional media are among the reasons certain media are no longer getting traction. Heck, I am part of the problem because I am going to drop two of my four hard copy newspaper subscriptions. The news is old and an increasing number of stories come from third parties who write blogs or outfits set up to produce basic content chaff.
Stephen E Arnold, January 23, 2010
A freebie. I even threw away the bottle of shampoo that came in one of my newspapers the other day. I will report this to Health and Human Services. Clean readers are good readers I assume.
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