Friday, October 30, 2009
BusinessWeek’s Future Is Cloudy, but Better Than It Could Have Been: The Grim Non-Bloomberg Scenario
BusinessWeek employees are waiting to hear if they’ll have jobs once Bloomberg takes over the publication, and I’m told that staffers expect to hear their fate shortly after Thanksgiving. That has to be unnerving, but I can at least offer a little bit of comfort in the worst-case scenario employees would be facing had they been purchased by private equity firm ZelnickMedia. The short version: Almost everybody gets fired.













Even under the best of circumstances, Amazon’s new Kindle DX wouldn’t “save the newspaper business.” But since the newspapers are desperate to protect their dying print business, this thing may never get off the ground at all.
I was pretty blasé about the stunt that NBC and the Los Angeles Times pulled this morning: The paper ran an ad for a TV show in the guise of a fake news story on the front page. But then again, I don’t work there. Here’s the text of a petition that started circulating around the LAT newsroom this morning. I’m told that 100 members of the paper’s staff have signed it so far.
