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Tuesday Jul 24, 2007
LA Observed Runs Patrick Goldstein's Killed Column
Newspapers, as you may have heard, are in deep doo-doo. While the Times still is a profitable business, our revenue was down 10% in the second quarter while our cash flow was down, as our publisher put it the other day, a "whopping 27%, making it one of the worst quarters ever experienced." Times are so hard at the Times that the publisher has proposed putting ads on the front page to generate new revenue. It's a wonderful idea, Patrick, one that would have been great addition to a memo to management. But trust us, we've had enough spiked columns to know that this kind of musing is the stuff of blogs, not columns. When it comes to themselves, we doubt your bosses truly want the Big Picture. UPDATE: A reader suggests Patrick Goldstein might have a future at the New York Post. UPDATE: Nikki Finke has Goldstein's statement: Obviously no columnist is ever very happy about having their column killed. But I'm much more disappointed that the column that was killed was full of ideas about how to help my newspaper. I love working at a newspaper, especially this one, but if we don't start embracing change in a big way, there won't be great jobs like the one I have much longer. I'm constantly writing about how all the studios and big media companies are radically reinventing themselves. It's time we did the same. Email This Post |
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