Archived posting to the Leica Users Group, 2008/04/10
[Author Prev] [Author Next] [Thread Prev] [Thread Next] [Author Index] [Topic Index] [Home] [Search]At 12:16 PM 4/10/2008, you wrote: >and overall, exec whining aside, profits are up for papers. >and ><http://www.freepress.net/news/21105> > >Fond regards, >George That's not really what it says. It says that based on a mathematical model, newspapers would make more profit if they didn't cut staff, as they are doing now. "Since the start of 2007, Time Warner Inc.'s Time Inc. said it would cut 289 jobs, and the New York Times Co. announced plans to shed 125 jobs and close foreign bureaus for its Boston Globe newspaper." and "Publishers have focused on reviving circulation, which is declining, and renewing interest among advertisers who are moving their money to the Internet and other media." It goes on to say that it would be wonderful if publishers looked at the study and decided that profits would rise if the improved quality, but that they won't do that because they are only interested in making more money right now. Still depressing. Tina