Mar 15, 2008

Value of the product

The New York Times would sell the Boston Globe if only the paper was worth the effort.

Sam Zell is growing disenchanted with his purchase of Tribune Company, and hints at selling off assets: "The news business is something worse than horrible," Zell said. "If that's the future, we don't have much of a future."

Meanwhile, the Tribune Company's new innovation chief wants to turn newspapers into the modern-day version of Top 40 radio, with some baseball metaphors thrown in for good measure: If we can morph the Soul of Dylan...with the innovation of Apple and the eccentric-all-the-way-to-the-bank of Bill Veeck, the WORLD will be a better place. WE have that opportunity. (Read the entire memo here.)

1 comment:

Anonymous said...

This guy is the biggest blow-hard I've ever read. He's so F*ing diluted, he just the perfect one to fill that position. And here I was, thinking Lambert et al. were at the top of their blow-hard game? Whoah. Reading all that garbage made me almost puke. Wonder how long he spent looking up all those cute quotes, F*ing lunatic. Now I really know none of us in this business are going to survive. With A**hole KC Kasseums like this guy, top 40 never looked so bad.