Some people think Newsweek could have been saved:
https://www.mobileread.com/forums/sho...&postcount=151
The Atlantic quotes Jonathan Alter:
Quote:
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Newsweek is one of the few media brands that is truly global, and giving up its print presence around the world is kissing off a major asset. If he didn't want to sell it, Barry Diller could have cut his losses to the break-even point (and waited for a rebound in the cyclical ad biz) just by slashing the rate base and moving toward a much smaller circulation or even controlled circ. The idea in Tina's statement that we're moving to an "all digital" media environment is wrong. In the 1920s, people (including FDR) thought radio would mean the end of newspapers and in the 1950s they thought TV would mean the end of radio. In truth, old media doesn't die, it just goes from mass media to niche media. The same will happen to print. Baby boomers raised on print won't give it up entirely until they die off four or five decades from now.
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