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Archive for December 12th, 2005

Will the last person to leave the newsroom turn the lights out?

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It should be simple: If a competitor’s product is better than yours and stealing your customers, then make your product better than the competitors’ and find a way to get it to those customers.

But that’s not the attitude of managers of newspaper companies (to say nothing of their institutional partners). Increasingly, the true owners of newspaper companies seem to be investors, so the motives of investors rule the decisions made by executives of newspaper companies.

Investors believe newspaper company executives and boards of directors should base their actions solely on protecting shareholder value. That means decisions affecting the quality and quantity of journalism reflect business rather than public interests. Read the rest of this entry »

Written by Dr. Denny Wilkins

December 12, 2005 at 6:01 pm

Posted in Uncategorized