But Gatehouse and those others aren't dinosaurs only paying any attention to the print side, either. As I've said, the fiscal bottom line is the No. 1 priority. But the only thing they put any effort at all into is digital. Do they invest dollars? No. But they've put more effort into that than they have print.
The CEOs at those companies aren't dinosaurs who live in the print world, as the name of this thread implies. They're corporate raiders and venture capitalists who milk these companies for every last cent they can get, cutting people and selling assets until they dump the crippled newspapers off at a later date. Sure, a lot of what they say about digital is lip service, but at least they pay lip service to that side. They absolutely ignore print. It's the albatross that pays the bills.
But these investors and CEOs aren't dinosaurs. They are sophisticated in what they do, taking advantage of modern laws and loopholes to make whatever money they can, especially through the acquisition and sale of the real estate that often comes with acquiring a paper or chain. They aren't dinosaurs. They're vultures.
The CEOs at those companies aren't dinosaurs who live in the print world, as the name of this thread implies. They're corporate raiders and venture capitalists who milk these companies for every last cent they can get, cutting people and selling assets until they dump the crippled newspapers off at a later date. Sure, a lot of what they say about digital is lip service, but at least they pay lip service to that side. They absolutely ignore print. It's the albatross that pays the bills.
But these investors and CEOs aren't dinosaurs. They are sophisticated in what they do, taking advantage of modern laws and loopholes to make whatever money they can, especially through the acquisition and sale of the real estate that often comes with acquiring a paper or chain. They aren't dinosaurs. They're vultures.