Wall Street Has Noticed Gannett’s Changes
Business Week Online has a story about Gannett’s new approaches, its big revamp and how Wall Street likes what it sees.
Which plays right into what Robert Picard advocates in his paper Journalism, Value Creation and the Future of News Organizations.
He writes:
Investors are … pressuring media companies for returns higher than those expected in other industries because they do not see evidence that their managements have long-term strategic vision and do not believe they are acting to create sustainable futures for the organizations
I have more inforamtion in an earlier post.