Lo and behold, the words ‘perfect’ and ’storm’ cross a newspaper owner’s lips. The first King Canute to call for a towel?
General, Journalism | (0)
Again, thanks to Mr Monck for picking this up; it's the Tribune's tale of woe and Mr Zell's memo to his luckless employees...
http://www.eandppub.com/2008/12/sam-zells-memo.html
One or two thoughts immediately spring to mind; not least how pretty the HuffPost people must be sitting today with their newly-opened Chicago 'branch'...
http://www.huffingtonpost.com/chicago/
And sure enough, there's a nice pic of the Chicago Tribune building in the top right...
But there was a line from Zell's own memo that is worth repeating.
"So, how did we get here? It has been, to say the least, the perfect storm. A precipitous decline in revenue and a tough economy have coupled with ...