News for hackers. Stuff that matters.
Re:You Can’t Sell News by the Slice by netcan on Tuesday February 10, 2009 @06:11PM (#476155)
* The other 95% is that the Silicon Valley, VC-for-everyone corporate culture has infected media,*

I think your over applying the extent of Silicon Valley's effect on the thinking of managers around the world. I don't want to go on about the underlying truth. But basically whatever newspapers were making money from, they can't make money from it an more. Not as much anyway.

Papers get competition from blogs & Facebooks & whatever. People's taste & such is changing, but that's not the centre of gravity. Classifieds are no longer in print. Newspaper ads sell for less. That's it. it's not that complicated. Think of newspapers as grain farmers. The price of grain has dropped. We can speculate why (it's got something to do with online media). We can complain that those going out of business made the truly great grain & all our pasta will taste like crap from now on. But that's all fluff.

Papers sell ads. They are no longer as valueble.

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