Rupert Murdoch, media mogul, called those who feel the Internet is the death of the newspaper “misguided cynics who are too busy writing their own obituary to be excited by the opportunity.” Funny, well put.
But how far off are those cynics? It’s easy for someone like Murdoch to sit high upon his billions looking down on lowly reporters making less than $30,000 who don’t have the resources or time to come up with a new way to profit from news.
Even CEO’s of newspapers, who have the time, money and resources are failing to come up with ideas—and in the meantime, their employees, those lower on the totem poll suffer! And, now this is just a guess, I’m pretty sure newspaper exec’s are still making a pretty penny.
So if the optimist, Rupert Murdoch, has any ideas, by all means, can we hear them? Because I, for one, do not want to go through another round of layoffs; I fear I will not be as lucky again.