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Written by Jeremy Mims
“Sometimes you have to destroy your business in order to save it.”His examples of Blockbuster and Netflix are great and just as applicable to the newspaper business as they are to renting movies. At a certain point, large staffs, and a print publication will be more of a burden than an asset. And newspaper administration and management is designed to protect the print portion of the business because that’s where all the revenues have been in the past. It’s possible some newspapers won’t make the transition until it’s too late. We have cautionary tales all around us. We just need to be braver and more ambitious than we’ve been in 200 years. The riskiest thing you can do is to play it safe. Read the full article here.
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