Is John Paton the Savior Newspapers Have Been Looking For? ... The new CEO of the MediaNews newspaper chain has pushed a "digital first" solution to the industry's woes ... As the chief executive officer of Journal-Register Co., a chain of small newspapers located mostly in the northeastern U.S., John Paton has been pushing an aggressive "digital first" strategy ever since he took over the company in 2010. Now he will have a national stage on which to try to prove this is the solution to the painful disruption of the traditional industry: On Wednesday, Sept. 7, he was named the new CEO of MediaNews, the second-largest U.S. media chain with more than 150 papers across the U.S. – BusinessWeek
Dominant Social Theme: Newspapers will eventually make a transition to the Internet thanks to dynamic folks like John Paton.
Free-Market Analysis: For perhaps a decade, we've been pointing out that the Internet has disrupted the business-as-usual of the Anglosphere elites and considerably reduced the effect and efficacy of Money Power. We also predicted that the Internet would reduce the value of some 20th century media to virtually zero, and that has happened as well.
It is interesting that this article on another "savior" of print media is carried by BusinessWeek, once the most dominant business magazine in the world. In the 2000s, BusinessWeek's business model failed entirely and the magazine that reached millions and virtually shaped the post-war consciousness of US middle-management nearly went out of business.
Daily Bell
No comments:
Post a Comment