Thought For The Day: Marriott Corp.’s recent decision to stop delivering the paper to hotel guest rooms won’t affect the numbers until the next reporting period

Today’s links paint a picture of the abrupt end of about 80 years of specialized prosperity for the newspapers. Immense fortunes were made and lost by the moguls who built these media empires. Today’s new moguls look like internet property owners.

The newspapers have been around since the mid 1700s. They didn’t get really interesting until the 1830s when a steam engine driven printing press made volume printing possible at a reasonable price. Over the following 175 years, they have adapted to each new wave of technology.

The question today is not whether the news function will survive, it is how? As Bill James notes, 100 years from now, this will look like a tempest in a teapot.

 


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