Speaking at the Global News Editors conference in Paris, Digital First Media CEO John Paton said Friday that "editors resisting change are aided and abetted by lousy CEOs and news executives
Paton posted text and slides from his speech, scheduled to be delivered Friday afternoon Paris time, on his blog. In it he presents a slide he says "solves for the percent of dollars in print advertising, digital advertising, subscription revenue and all other revenue plus expenses and, of course, profit."
By Paton's calculations, Lee Enterprises and McClatchy will continue to lose money while Digital First Media -- whose Journal Register Company filed for bankruptcy last year
-- is experiencing an operating profit.