'Newspapers brought financial woes upon themselves, says Craigslist boss' 24th February 2007
[Jim Buckmaster, chief executive of Craigslist] that a focus on money and profits has in fact damaged [newspaper industry's advertising] business... [He said that] "Newspapers as an industry are still twice as profitable as the average United States industry... "Journalism as practiced at newspapers has been hurt by an excess of money over the years.. have resorted to running wire stories... and shying away from writing hard-hitting stories about corruption in high places," said Buckmaster.
- Web Address: http://www.theregister.co.uk/2007/02/24/craigslist_on_newspaper_implosion/
- Short Name: gathedenob
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Short Link: http://ma.gnolia.com/gathedenob
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Tags: media industry, journalism profession, business models, user-generated content
- Saved to Future Media by Nico Macdonald on February 26, 2007.
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February 26, 2007 |
[Jim Buckmaster, chief executive of Craigslist said] that a focus on money and profits has in fact damaged [newspaper industry's advertising] business... [He said that] "Newspapers as an industry are still twice as profitable as t... |
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