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Some Good Suggestions for Newspapers
I'm not sure why Ted Leonsis -- AOL's vice chairman and owner of the Washington Capitals hockey team -- decided to write out a 10-point plan for saving newspapers, but he's got a lot of pretty intriguing thoughts. Lord knows newspapers need saving, and none of the newspaper companies seem to have the imagination to do it.
One thing bothered me about Ted's plan: He implies there is no room anymore for the craft of journalism. "Change the metrics of success and what is winning readership and reach over subscribers, context and distribution over Pulitzer prizes," Ted writes. Perhaps the financing mechanism for good writing and smart research is dead, at least on the newspaper level. From a guy who spent most of his adult life working for newspapers, that's sad if true.
Gannett stock price
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