News, notes, and observations from the James River Valley in northern South Dakota with special attention to reviewing the performance of the media--old and new. E-Mail to MinneKota@gmail.com

Wednesday, December 27, 2006

They're in it for money, not journalism

The most thorough and incisive report on the possible effects of the sale of the Star Tribune is done by two of its reporters.

They quote a newspaper industry analyst:

"These people are not in this for the journalism," said John Morton, veteran newspaper industry analyst and president of Morton Research Inc. in Silver Spring, Md. "They're in it tomake money, squeeze costs and make an impact on revenue."

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