The story never published about the liberal millionaire who ruined the LA Times and Times-Mirror empire – Otis Chandler

Today the newspaper industry bible–Editor & Publisher was shut down.

The 12-page 8×10 inch magazine was a joke inside the industry it covered. Not always, of course, or the trade mag covering mini-monopolies wouldn’t have lasted as long as it did. The past five years, E&P’s circulation was mainly online and didn’t earn the money to pay for postage or the paper it was printed on. Many blogs earn more in advertising revenue in one day than E&P did the past five years.

The same week with the earliest snowfall on record for Houston — the first wave of elite liberals fly to Denmark for the Global Warming Summit to drink Champagne.

Now another wave of layoffs begin at newspapers large newspapers. With more copy editor and page design jobs going to India at about 60 percent less, in the age of Web-based publishing.

Imagine if newspapers had been more balanced in their coverage and actually had moderate and conservative content? Would readers and advertisers be dropping off like they are? Or is it just the medium that is the problem?

Liberals at the Los Angeles Times and the vast Times-Mirror media holdings have long praised the legacy of an eccentric, big game hunter, millionaire, car collector and liberal Democrat,  publisher Otis Chandler, the surfing heir to an empire that he knew nothing about. Otis set the liberal sharp turn left at the  LA Times, which was immediately followed by the media giant’s other holdings: The Dallas-Times Herald, Denver Post, Houston Post, Baltimore Sun and New York’s Newsday, soon after the title was granted to him by his father.

Otis like many spoiled trust fund kids turned on dear old dad and granddad and imitated the New York Times leftist, socialist dogma. It started in the late ’60s and kept up the pace until the mid-’80s when the Times-Mirror board finally fired him.  The board remained out of the public eye and sat on their hands watching the largest, most profitable media company attack the  advertisers in Dallas, Denver and Houston who had a choice, they easily moved all their advertising and public event support to the  more dominant papers in the markets: then the Dallas Morning News, Denver Post and Houston Chronicle. Liberals hate business and economics with a passion. 

The Chandler’s board got rid of the brat and some 15 years later sold out to Sam Zell of Chicago. They unloaded well before the death spiral of the industry. 

Sam Zell is playing out a Clint Eastwood spaghetti Western on the bloated staff at the once glorious flagship, the LA Times.

“Sudden Sam” Zell fired more than 400 employees since assuming ownership of the paper a few years ago. You know there are some hearty laughs over fine cigars and California merlot in the the rolling ranch lands of Southern Cal.

Unlike Otis Chandler, Zell has no regard for the Pulitzer Prize committee, the supreme soviets of mainstream journalism, who only bestow honors on the most progressive and liberal newspapers left in the land. Zell made it clear right off the bat,  that he found the paper’s New-York-Times-of-the-West pretensions, worthless and boring. He has said openly that he doesn’t even bother to read the paper unless he happens to be passing through L.A.

In a New Yorker Magazine profile, Zell described himself as an “economic conservative” and confessed that he likes the columns of Charles Krauthammer and David Brooks but thought the “rest of the New York Times’s columnists are preposterous.” He had no use for Hillary Clinton either, according to the piece: “At a recent dinner party, the mention of Hillary Clinton’s name prompted him to use a four-letter obscenity to describe her.”

Times staffers must have shivered when they read in the New Yorker profile that Zell once sent a music box as a gift to friends and colleagues that played a song deriding the Sarbanes-Oxley Act: “Sarbanes-Oxley/ They’ve got moxie/ But for businesses/ Their act is toxic/ It’s not rocket science/ We’re killing profits with compliance.”

Addressing a University of Hawaii business class a few years back, Zell said: “The idea that somehow or other the business community is full of all these greedy characters — you should see the greed in teachers’ unions! You should see the greed in any political organization!”

Chandler’s era was  “hyperpartisan,” biased and “parochial” in support of Jimmy Carter and on constant attack mode against California Republicans Richard Nixon and Ronald Reagan. That was the final straw for Otis.

Otis went on to killing real elephants and lions on extravagant safaris. Did you know that? Google it, there may be some bits and pieces on the web. 

Chandler and his liberal successor, Tom Johnson, (who was publisher at the Dallas Times-Herald) focused on winning the approval of East Coast socialites/socialists, had endlessly commissioned left-wing articles, boring local readers who dropped their papers in droves for the more moderate Orange County Register and in Dallas, the more conservative Dallas Morning News. In Houston, the readers left the Post and went with the Houston Chronicle. (The Post is long gone and the Houston Chronicle is among the most profitable major newspapers in America). 

The LA Times  acquired a reputation as the “velvet coffin,” a place where liberal reporters could leisurely cover topics of interest to them, (smear energy companies, HMOs, etc.)  and paint beautiful portraits of their elite friends, but of little interest to the paper’s readers and local businesses.

I know plenty of stories abut the velvet coffin. I was young bastard who worked tirelessly for the honor of being in the inner court of the Times-Mirror estate. I stood shoulder to shoulder with the powers that were. They were a smug group, flying off to Davos every year with Pinchy of the NY Times and George Soros. 

I admire the intelligent courage of the Chandlers for giving Otis the boot and later dumping the media mess he left behind. They could see that the entire industry was following the liberal lead of Otis. There are better investments to be made such as in Apple, HP, or any number of consumer products.

http://newsosaur.blogspot.com/2009/12/next-for-outsource-news-production-jobs.html?utm_source=feedburner&utm_medium=email

http://www.editorandpublisher.com/eandp/news/article_display.jsp?vnu_content_id=1004052655

What is a community organizer? ACORN stands for Association of Community Organizations for Reform Now — James O’Keefe and Hannah Giles expose ACORN fraud

Citizen journalists exposed ACORN on camera. Now the Obama/Democrat politicians have to sever their ties with the socialist group famous for ballot stuffing, voter registrations by the tens of thousands and illegal loans by the thousands (helping fuel the financial meltdown).  The two citizen journalists asked for tax advice on opening up a house of prostitution and got some good tips from ACORN staff members. 

 

The interview was taped and now Obama has some explaining to do. Why did he pick 9-11 for the first annual day of service? Now ACORN will forever be tied to a tragic day in American history. ACORN is a brownshirt political activist group hired to rig local elections and beef up poor and illegal numbers for federal aid.  What a shitty organization? My god! 

 

Two employees at the Baltimore, Maryland, branch of the liberal community organizing group ACORN were caught on tape allegedly offering advice to a pair posing as a pimp and prostitute on setting up a prostitution ring and evading the IRS.

The video  was recorded and and posted online Thursday by James O’Keefe, a conservative activist. He was joined on the video by another conservative, Hannah Giles, who posed as the prostitute in the filmmakers’ undercover sting.

Wonder why the New York Times or Washington Post didn’t think of doing this kind of real journalism? I think you know the answer.

The video shows the pair approaching two women working at the ACORN Baltimore office and asking them for advice on how to set up a prostitution ring involving more than a dozen underage girls from El Salvador. One of the ACORN workers suggests that Giles refer to herself as a “performing artist” on tax forms and declare some of the girls as dependents to receive child tax credits.

“Stop saying prostitution,” the woman, identified by the filmmaker as an ACORN tax expert, tells Giles. The other woman tells them, “You want to keep them clean … make sure they go to school.”

Both woman appear enthusiastic to help. The tape is on YOUTUBE. Google it. 

James O’Keefe and Hannah Giles visited one of ACORN’s New York offices in August, where they picked up handy tips on how to lie on housing forms to cover up a prostitution business (”Honesty is not going to get you the house,” one ACORN official advises) and how to hide cash from their illicit business (”When you buy the house with the backyard, you get a tin…and you bury it down in there…cover it…and put the grass over it…”).

Watch the whole thing at Big Government. This is now the third videotaped sting exposing the ACORN racket’s law-undermining, truth-sabotaging counseling sessions.

If the Census Bureau no longer trusts ACORN to collect data as a result of these videotapes, why is Congress still allowing taxpayer money to be funneled to the ACORN Housing Corporation?

AHC has received an estimated $16 million in taxpayer funds between 1997-2007, according to the Employment Policies Institute.

 ACORN is now managing apartments in Bedford-Stuyvesant for the newly completed Atlantic Avenue Apartments.

 

The video footage — which has been edited and goes to black in some areas — was recorded and posted online Thursday by James O’Keefe, a conservative activist. He was joined on the video by another conservative, Hannah Giles, who posed as the prostitute in the filmmakers’ undercover sting.

The video shows the pair approaching two women working at the ACORN Baltimore office and asking them for advice on how to set up a prostitution ring involving more than a dozen underage girls from El Salvador.

One of the ACORN workers suggests that Giles refer to herself as a “performing artist” on tax forms and declare some of the girls as dependents to receive child tax credits.

 

 

 

 

Governor Sarah Palin, in her Wednesday night speech to 40 million Americans said, “I guess a small-town mayor is sort of like a ‘community organizer, except that you have actual responsibilities.” Sarah hit a grand slam with that one.

 

But what exactly were Barack Obama’s actions as of community organizer in Chicago?

 

It’s been hidden from the news that Obama was a member of the Association of Community Organizations for Reform Now, ACORN. Google ACORN and you may be surprised to find that it is a liberal/socialist organization involved in voter fraud. Look up the lawsuits ACORN is involved in.

 

 

Obama’s community organizing involved training grievance-mongers from ACORN.

Last week, Milwaukee’s top election official announced plans to seek criminal investigatioins of 37 ACORN employees accused voter registration fraud on a massive level.

 

Obama’s campaign apologized for failing to report $800,000 in campaign payments to ACORN. They were “accidently” filed with the Federal Election Committee as money sent to “get-out-the-vote” and “advance work.”

 

The New York Post has more quotes today from upset community organizers. Joshua Hoyt, executive director of the Illinois Coalition for Immigrant and Refugee Rights, says: “I don’t like seeing the really hard work that goes on in really poor communities being demeaned by cheap politicians.”

 

Hard work such as signing up non U.S. citizens as Democrats with voter cards.

 

The Arkansas connection
You know Acorn. You know the grassroots organization, now a national power, got its start here, led by Wade Rathke (pictured), who spent the group’s formative years wheeling and dealing in Little Rock before moving to New Orleans. The local affiliate remains a powerful voice for poor people.

Depending on your point of view, you’ll be saddened or gladdened to learn this shocking news:

The New York Times reports today that founder Rathke’s brother embezzled $1 million from the organization eight years ago and the matter was handled internally.He stayed on the payroll until a month ago, when whistleblowers finally forced him out.

Wade Rathke said the organization had signed a restitution agreement with his brother in which his family agreed to repay the amount embezzled in exchange for confidentiality.

Wade Rathke stepped down as Acorn’s chief organizer on June 2, the same day his brother left, but he remains chief organizer for Acorn International L.L.C.

He said the decision to keep the matter secret was not made to protect his brother but because word of the embezzlement would have put a “weapon” into the hands of enemies of Acorn, a liberal group that is a frequent target of conservatives who object to its often strident advocacy on behalf of low- and moderate-income families and workers.

Wade Rathke said he learned of the problem when an employee of Citizens Consulting alerted him about suspicious credit card transactions. An internal investigation uncovered inappropriate charges on the cards that led back to his brother.

“Clearly, this was an uncomfortable, conflicting and humiliating situation as far as my family and I were concerned,” he said, “and so the real decisions on how to handle it had to be made by others.”

If one of the prosperous businesses or public officials Rathke and Acorn have bedeviled and humiliated over the years had offered this alibi for wrongdoing, they would be in Lompoc right now.

Investment guru Warren Buffett’s outlook on newspapers is dismal

In fact, Warren Buffett has said don’t buy newspaper stock at any price. The days of the monopoly newspapers huge readership and advertising revenue are long gone.

What happened? Take a look at this modest blog’s stats: The 7-day traffic average is now passing hundreds of thousands of hits.  The majority are college graduates and in their peek buying years ages 25-55.
I predict the Boston Globe will go online with just a Friday/Sunday printed and delivered paper. 

U.S. Senator Ted Stevens ‘assassinated’ by Democrat Party prosecutors and media alliance

A political assassination took place last year, and America’s “journalists” failed to report it.

Did you read about any of this in your major daily newspaper?

At one point, prosecutors were held in contempt. Things got so bad that the Justice Department finally replaced the trial team, including top-ranking officials in the Public Integrity Section, which is charged with prosecuting public corruption cases.

The straw that apparently broke Holder’s back was the discovery of more prosecutorial notes that were not turned over to the Stevens defense team as required by law. The notes were discovered by the new prosecution team, which was appointed in February.

With more ugly hearings expected, Holder is said to have decided late Tuesday to pull the plug. Justice Department officials say Holder wants to send a message to prosecutors throughout the department that actions he regards as misconduct will not be tolerated.

 

 

In a move first reported by National Public Radio, NPR, U.S. Attorney General Eric Holder said he has decided to drop the case against Alaska’s former U.S. Senator, Ted Stevens, Republican, rather than continue to defend the conviction in the face of persistent problems stemming from the actions of prosecutors.

“After careful review, I have concluded that certain information should have been provided to the defense for use at trial,” Holder said in a statement Wednesday. “In light of this conclusion, and in consideration of the totality of the circumstances of this particular case, I have determined that it is in the interest of justice to dismiss the indictment and not proceed with a new trial.”

In a separate statement, Stevens’ lawyers praised Holder’s decision and said it was “justified by the extraordinary evidence of government corruption in the prosecution of Senator Stevens.”

The lawyers, Brendan Sullivan and Robert Cary, called the case “a sad story and a warning to everyone. Any citizen can be convicted if prosecutors are hell-bent on ignoring the Constitution and willing to present false evidence.”

The judge in the Stevens case has repeatedly delayed sentencing and criticized trial prosecutors for what he has called prosecutorial misconduct. At one point, prosecutors were held in contempt. Things got so bad that the Justice Department finally replaced the trial team, including top-ranking officials in the Public Integrity Section, which is charged with prosecuting public corruption cases.

 

Statement From Ted Stevens

“I am grateful that the new team of responsible prosecutors at the Department of Justice has acknowledged that I did not receive a fair trial and has dismissed all the charges against me. I am also grateful that Judge Emmet G. Sullivan made rulings that facilitated the exposure of the government’s misconduct during the last two years. I always knew that there would be a day when the cloud that surrounded me would be removed. That day has finally come.
 
“It is unfortunate that an election was affected by proceedings now recognized as unfair. It was my great honor to serve the State of Alaska in the United States Senate for 40 years.
 
“I thank my wife Catherine, as well as my family, friends, and colleagues in the United States Senate who stood by me during this difficult period. I also want to thank the great number of Alaskans who offered their prayers and support.”

Newspaper journalists and most broadcast news departments are not the government watchdogs they promote themselves as. In fact, they are fascilitators and  often public relations agents for the Democrat Party.

This is why online Webs, blogs and social communications sites have become so popular.

Dems to ban modern firearms, labeling them assault weapons?

This is the big one. Hillary is discussing how the Mexican border is our problem because so called “assault weapons” are flowing from the USA to Mexican drug lords. 

Funny, I call them home defense weapons.

Here comes the government gun grab, take away Americans’ Second Amendment rights to own firearms and protect their family’s lives and do it for Mexico? How gullible do they think we are? 

We all know that the Mexican drug gangs have military, fully automatic weapons from China and Eastern Europe and are exporting tons of drugs and scores of people every day over our borders. Why would banning modern home defense firearms from Americans stop or even slow the drug violence and human trafficing? 

It’s “new speak” coming from the Obama/Orwellian Big Brother/Big Sis government. 

The progressive Democrats are going to ignore a major tenant of the Constitution out of fear, I believe of a civilian backlash.

Tip of the day: Buy guns and bullets. They are the new gold. 

 

 

The Obama administration didn’t waste more than a month to seek to reinstate “the assault weapons ban” (really the modern home defence firearm band) that expired in 2004 during the Bush administration, Attorney General Eric Holder said today.

PHOTO Wednesday Attorney General Eric Holder said that the Obama administration will seek to reinstitute the assault weapons ban which expired in 2004 during the Bush administration.
Wednesday Attorney General Eric Holder said that the Obama administration will seek to reinstitute the assault weapons ban which expired in 2004 during the Bush administration.

(AP Photos/ABC News Graphic )

“As President Obama indicated during his campaign, there are just a few gun-related changes that we would like to make, and among them would be to reinstitute the ban on the sale of assault weapons,” Holder told reporters.

Holder said that putting the ban back in place would not only be a positive move by the United States, it would help cut down on the flow of guns going across the border into Mexico, which is struggling with heavy violence among drug cartels along the border.

Really, why can’t we stop the flow of humans and drugs along the border?

“I think that will have a positive impact in Mexico, at a minimum.” Holder said at a news conference on the arrest of more than 700 people in a drug enforcement crackdown on Mexican drug cartels operating in the U.S.

How are Americans to defend themselves, with only 150-year old gun technology against Mexican drug runners and a well armed new U.S. socialist police state?

Imagine the government making a law that kept new computer or cell phone technology from the public?

Which country’s citizens is Obama concerned about?

New York ABC radio newsman George Weber was a gay pedophile, killed by his boy date. Sanchez, the gay pedophile train engineer was texting teenage boys seconds before he crashed and killed 25 people in LA

The mainstream news has been filtering the news and making everything nice and PC for the dumbed down readers. They only report what fits the “progressive” agenda. 

With the rise of blogs, the truth can now be reported. Did you know that the longtime New York radio newsman was paying teenage runaways for gay sex? George Weber was found stabbed to death in his Brooklyn apartment Sunday morning, cops said. Now we find he was accidently killed by a troubled teen, paid to have rough gay sex with the radio newsman. 

The bloody body of Weber, a passionate liberal fan of the city who spent a decade doing local news on WABC morning radio, was found just after 9 a.m. when he didn’t show up for work. It can now be told that Weber, an outspoken Democrat, was a gay pedophile. He was a chicken hawk who paid teenage boys, often runaways money for sex. A boy who just turned 16 accidently killed Weber during a session of “rough” gay sex.

Weber, 47, was freelancing at ABC’s national radio network after being laid off last year.

 

What kind of books or DVDs did Mr. Sanchez have in his home? Doesn’t the media look into these things? Oh, wait, Sanchez was a gay pedophile Democrat, not a Christian Republican.

The first results of the National Transportation Safety Board investigation are in. Surprising no one, it’s now confirmed that train driver Robert Sanchez was sending text messages moments before crashing a train full of people into an oncoming freight train, killing 25 people. His last text message was sent 22 seconds before the two trains collided. Sanchez was an outspoken Democrat and Obama reporter with a keen interest in teenage boys.

While we’ll likely will never be able to definitively say one way or the other due to the lack of eyewitnesses, those 58 seconds between received message and sent message are likely the reason why Sanchez missed the “red lights” on the track as the freight train approached. Shouldn’t we know what Sanchez was texting? What if it was something like “the brakes don’t work well?”

The cellular network clock and the train’s onboard computer clock are almost certainly set slightly differently, so the final, incoming text message may have arrived somewhat earlier or later than 22 seconds before the crash. If the timestamps are reconciled exactly, the NTSB could then use information about the speed and location of the train to determine exactly where Sanchez’s train was when he took his eyes off the track ahead and whether that is what likely caused him to miss the signals. The content of the message is important, also. If it was a urgent warning, rather than just a friendly “HOW R U?” Sanchez shouldn’t have had to rush back with an answer. Was he having text sex games with the teenage boy?

Why didn’t you read about this in the LA Times or San Francisco Chronicle? How about this?

There is a dark side to the tragedy

Sanchez’s “partner,” Daniel Burton, allegedly hanged himself in the garage of the home they shared in Crestline, a community in the San Bernardino Mountains about 80 miles east of Los Angeles.

Burton’s sister, Carolann Peschell, said she suspected foul play and never believed her 39-year-old brother, who was HIV-positive, would have killed himself. He had found a job at a gourmet restaurant and sounded well when she spoke to him two weeks before his unusual death.

“He was doing fine; he was happy, no signs of depression,” Peschell said. “We didn’t feel my brother was capable of doing this to himself.” He was a gentle man and hanging is a brutal way to kill yourself.

Peschell, who described Sanchez as “very odd, very strange, and obese” said her suspicions were not investigated throughly by San Bernardino County sheriff’s investigators.

A coroner’s report said the two men had argued the night before Burton’s body was found; Sanchez had told Burton they should break up. That would draw attention by a professional CSI team.

Peschell kept her brother’s purported suicide note, which read: “Rob, Happy Valentine’s Day. I love you. Please take care of yourself and Ignatia. I love you both very much.” Ignatia was their dog.

From KFI radio, the John and Ken Show, Los Angeles

Newsman Eric Leonard reported on KFI radio (3:15 PT today) that the driver in the LA Metrolink crash last week, Robert M. Sanchez, is suspected of having killed his male lover 5 years ago. Leonard reports that the that the family of the lover, Daniel Charles Burton, has always believed that Sanchez killed Burton. The Burtons tried to get the police to investigate their son’s death as a murder to no avail. The death appeared to be a suicide, but the family has handwriting experts who say that the handwriting on the suicide note was not Burton’s. The family also told the police that Burton was HIV positive and that he and Sanchez had a fight right before the “suicide.” More recently, the Burtons called Metrolink to warn them that Sanchez was unstable.

Eric Leonard also reports that “it looks clear from [Metrolink's] review of the [train] controls, that Sanchez did actually apply some speed controls within seconds of the crash but never braked.”

Would Sanchez have lost his home? That could be a motive. Was Sanchez a chicken hawk preoccupied with teen texting? He was arrested and plead guilty to theft of expensive electronic gaming equipment. And on Sept. 2 his train killed a pedestrian. Was Sanchez texting then too?

Newspaper editors purged MBAs from management years ago

Newspapers have not been blessed with the best and the brightest managers. Why? The executive editors sabotage real management and have purged MBAs from their ranks. Kill off the competition.

This is from the WSJ Deal Journal column, a Q&A with Mr. Knee, a highly respected  investment consultant

DJ: What would be your advice to newspaper owners?
Knee: You have seen people outsource everything from printing to editorial and indeed, any kind of journalism where your scale in the local community does not provide you with an advantage should be gotten elsewhere. If you find out how many people the large papers sent to the national conventions, you would wonder whether that’s economically justified. You have to focus on your competitive advantage, which is local. When the smoke clears, the local newspaper, which may not be the sexiest part of the newspaper industry but is overwhelmingly the largest and most profitable part of the industry, will be a smaller and more-focused enterprise whose activities will be directed to those areas where their local presence gives them competitive advantage and they will continue to generate as a result better profits than the supersexy businesses in the media industry asking for government or nonprofit help like movies and music.

The newspaper industry has not been blessed with the best managers, and generations of monopoly profits do dull the senses. On the journalism side, I think many managers would rather have avoided a fight with journalists than actually force them to think harder about what their readers want, rather than what they want their readers to want. In the economic environment we’re in, newspapers can’t afford to do every six-part investigative series they could have done before.

Meanwhile, the rank and file newspaper reporters who were busy covering their beats, don’t make much compared to the executive editors. 

Moma don’t let you’re kids grow up to be newspaper reporters. Have them study business, engineering, law or sales, even bar tending would earn them a better living. The executive editors who scratched their way to the top make big bucks for a while, until the host dies from bad management anyway. 

Ever wonder what kind of money the nation’s top newspapers pay their best journalsits? The top rung of the latter is set by the Newspaper Guild. Once you’ve lasted five or six years after about four years at a small daily and tuition of at least $20,000 a year at a respected J-school, this is it.

New York Times pays the most, $1,675.28 a week after two years. But that’s where it stays fixed until the next Guild negotiations. Of course, New York City has the highest cost of living expenses in the U.S.

Reuters pays $1,587.93 a week after six years.

The San Francisco Chronicle pays $1202.24 a week for six years of journalist experience. I know that is top for the Guild scale, but many of the hard workers, who put in more than 38 hours a week get additional pay above scale.

Consumer Reports takes the No. 1 position with $1,80410 a week scale after four years of experience. The union-biased “non-profit” magazine pays more that the New York Times or San Francisco Chronicle for their pro-union advertorial reports on products.

Can new online newspapers chage for its content? Jeff Jarvis of the LA Times says “No!” And he explains himself very well:


How’s that for a direct answer? Every rule has its exceptions — this one only a few: The Wall Street Journal (paid by expense accounts), Consumer Reports (which serves reviews, not news), iTunes (we may play a unique performance over and over, but I don’t read even my articles more than once) and porn (which is suffering the same problem newspapers are thanks to free competition from, uh, amateurs). But the rule of the new, post-scarcity economy is clear: Charging for news online is dangerous folly. Why? Let me count the reasons if not the dollars:

Once news is known, that knowledge is a commodity and it doesn’t matter who first reported it. There’s no fencing off information, especially today, when the conversation that spreads it moves at the speed of links.

There will be no limit to competitors. Readers, like water, will follow the path of least inconvenience. It’s impossible to compete against free. Have papers learned nothing from Craigslist?

In the old-content economy, one could make much money selling many copies of a product. In today’s link economy online, we need only one copy, and it is the links to it that give it value. So rather than complaining that Google should pay them for aggregating their headlines, news organizations should be grateful that Google does not charge for the links it gives and the readers it sends. Indeed, we should be spending our effort figuring out how to get more links to original reporting to support it.

Putting your content behind a wall cuts it off from the conversation and robs it of influence. Just ask New York Times columnists how much they disliked the pay wall the paper finally demolished.

Not all newspapers are going bankrupt. Many, in small monopoly markets are among the most profitable businesses in America with profit margins much higher than oil companies, Apple, EBay, Cisco, Sprint, AT&T, Google or Microsoft.  Gannett has the lion’s share of these markets. And also the highest ratio of MBAs in the media business.