Top News Shops On Thin Ice
Nieman Journalism Lab, Friday, November 16, 2012 2:17 PM
"This week, events on both seaboards of the Atlantic displayed anew just how thin the foundations on which many major news operations operate are," writes Ken Doctor. He details the recent problems, from two companies rocked by scandals or links to others' scandals (the BBC, The New York Times with new CEO Mark Thompson, previously of the BBC), to The Washington Post's own top masthead shifts and a high operating loss for Q3, to rumors of the Financial Times' being in play since its CEO announced her retirement. Doctor also details "newsonomics," with FT seemingly the most profitable of the four, and provides a prognosis for each, along with some less-visible news groups also in trouble.
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