Tuesday, December 15, 2009

Miami Herald asks online readers for donations - Technology - MiamiHerald.com

Miami Herald asks online readers for donations - Technology - MiamiHerald.com
This would be funny if it were not so sad.
Print Publications are losing advertising and readership - their move to online has no business model other than advertising (unless you are the Wall Street Journal). Now, the plea is "won't you please make a 'donation'." Sure, to a corporation, which was probably financed in a leveraged buyout through some hedge funds and Sovereign wealth funds that were made whole in the recent bailout - get real. The newspaper business has only itself to blame for their inability to predict trends and stay current. This donation model is pure desperation. The new generation has no use for papers, broadcast TV, or any of the prior-generation cash-cow media products - are these mega-media CEOs just now realizing this?
Investors, place your bets on Apple, Google, and Amazon, not these old ink and reality-show jockeys.

1 comment:

jenni said...

I Watch TV Shows Online and I have seen Miami Ink too. Its good show. Amazing series indeed.