This is pretty insightful. We’ve been saying it for years - legacy newspapers’ main problem is not the competition from the internet. It’s the private equity siphon & continuous acquisition cycle that’s been sucking them dry and removing capital from the communities they cover. Thanks for addressing it. The research by Dan Kennedy and Ellen Clegg is about as comprehensive as it can get.
This is pretty insightful. We’ve been saying it for years - legacy newspapers’ main problem is not the competition from the internet. It’s the private equity siphon & continuous acquisition cycle that’s been sucking them dry and removing capital from the communities they cover. Thanks for addressing it. The research by Dan Kennedy and Ellen Clegg is about as comprehensive as it can get.