on the biz

Thanks to two students who did my work for me, wrt this post:

Casey forwards this link to a piece from Fortune that explains why bankruptcy -- now the billion dollar buzzword, thanks to yesterday's news about Chrysler -- may work to save the car biz, but not the news biz. It's all about alternatives: Sooner or later, we will all need to buy a car, at least until something better comes along. As for ink on paper, however, thanks to the web, that ship has sailed. At least according to this theory.

On a more hopeful note, Jackson forwards this link to a plan for ramping up n/p revenues courtesy of a most unlikely source: Mark Cuban, owner of the Dallas Mavericks. His plan? Turn the newspaper into a mini-Amazon, where you can buy whatever the paper advertises -- expanded sports sections, roses for mom, the Jonas Bros DVD -- with a point and click thru the newspaper itself once your credit card is on file. Genius? Possibly. bk