30 July 2009

Financial - The risk of false hope and missed crises - Reflections of a Newsosaur

Alan MUTTER does an excellent job of deflating some of the enthusiasm that followed a few financial reports from newspaper companies recently.

My concern is that most newspaper people believe we can "get through" the crisis that newspapers now face, but they are missing, in my view, the fact that newspapers face multiple crises, as MUTTER points out, and while the economy is bound to improve, the evolution of the other crises does not appear to be in newspapers' favor.

Whether I am right about this or not is one of the key conversations we hope to have at Managing the Crisis.

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