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Back in July I argued that broadcast television would be the first heritage media medium to fall. The reasons I gave hold true today: broadcast television is the least prepared for the changes ahead, and not having experienced a gradual hit upfront, they will fall the hardest and quickest.
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7 months ago
7 months ago
"When I started out in the business anyone who dared parade a prize for excellence would have been hooted out of the newsroom for taking himself too seriously," he said.
"But today the desire for awards has become a fetish. Papers may be losing money, losing circulation, and laying off people left and right, but they will have a wall full of awards -- prisoners of the past rather than enthusiasts for the future."
7 months ago
One major paper by Jan...not impossible, but I'd put the flood gates opening to about May or June. The major groups all have debt calls coming up in April or May, debt they are unlikely to be able to roll-over, and once one falls, the loss of confidence in the sector is bound to cause others to fall closely there after.
7 months ago
6 months ago