Mutter: Newspapers’ Value down 42% in 3 years
Alan D. Mutter, a media consultant, writes:
The market value of the American newspaper publishers entering 2008 as independent, publicly traded companies has fallen by $23 billion, or 42%, since the end 2004, the year before the wheels started coming off the industry.
Picking up on Mutter’s numbers, Joel Kramer of the start-up MinnPost writes:
McClatchy was the third-biggest loser on the list, having lost 82 percent of its value, ending up at $1.03 billion, Mutter reported.
It brings us back to the question I have been asking for many months now: What will journalism be like, when only the journalism is left? My piece of that puzzle is Representative Journalism. At the end of April the Journalism that Matters coalition will be asking the same question in Silicon Valley. Indeed, anyone who is interested in quality journalism should be asking it.
January 8th, 2008 at 12:31 am
[...] to this post at PJNet.org. This graph by Alan D. Mutter is [...]