TUESDAY, JANUARY 3, 2006
Columbia Journalism Review
Douglas McCollam says newspapers need owners that value journalism and understand that putting out the news is an inefficient business that's in a period of profound transition. "The private press baron of the past might have been a blowhard propagandist with the ethics of a wharf rat, but at least he loved the trade," he writes. "Compared with the lineup of bloodless managers and mandarins currently squeezing the life out of journalism,
Charles Foster Kane looks pretty damn good. So while there is no guarantee that the private ownership of today would recognize the value of journalism, it has already been established that Wall Street does not. Maybe it’s time we took our chances."
Posted at 1:41:37 PM
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