[lbo-talk] NYT RIP May 2009?

[J T. Ramsay]

It is pretty amazing to see what a disruptive force the Internet has become,
esp. for any kind of published media. I need to read this Steve Knopper book
about the decline of the music industry, 'Appetite for Self-Destruction,'
before too long.

On Mon, Feb 23, 2009 at 2:38 PM, Doug Henwood <dhenwood at panix.com> wrote:


>
> On Feb 23, 2009, at 2:24 PM, Mark Bennett wrote:
>
>  In the pre-digital era Warren Buffet believed that predominant newspapers
>> were an ultra-sound investment, and he would have snatched up The NYT for
>> a
>> mere billion or so in a heartbeat.  I doubt that is the case now.  He
>> claims
>> - or claimed - not to understand digital technology, but, even if true, I
>> suppose someone has shown him Craigslist.
>>
>
> "The Internet will destroy more businesses than it creates."
>  - Rupert Murdoch, 1999
>
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>

-- 
jt. ramsay
music crusader
www.jtramsay.com

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