Wednesday, April 27, 2005
Newspapers as East German Politburo, circa 1988
L.A. Observed: Critical mass Archives: "n today's Times, editorial page editor Andr�s Martinez writes that 'working at a major metropolitan newspaper these days can feel a bit like working for the East German Politburo, circa 1988. It's a good gig with great benefits, and people seek you out at cocktail parties, but you have this sense that your days are numbered.' Bloggers, he says, are 'eating our lunch.' He argues that while the game is not up, and he expects them to adapt, 'newspapers are undoubtedly in for a period of wrenching change, especially in terms of how the product will be delivered.' In his view, it's 'only a matter of time before a Yahoo or a Google decides to buy an old media company' to acquire its news-reporting talent — and he notes that Google is worth many times the value of the Wall Street Journal."