Sunday, June 22, 2008

CM PRESS # 403


NEWSPAPER AD REVENUES WAY DOWN--RED INK FLOOD--INTERNET NEWSPAPER VERSIONS NOT CARRYING THE LOAD--WHAT WILL SAM ZELL DO?

Sam Zell owns the Tribune Company which owns the LA TIMES which owns the almost-daily Daily Pilot.

Local content is the way to black, but the local content has to be what the local market wants.

Presenting liberal views in a conservative area is like trying to sell tofu in a butcher shop.

LINK to a Bloomberg article about this.
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