WHAT'S NEXT: INNOVATIONS IN NEWSPAPERS

“Trying to assess the true importance of the Internet now is like asking the Wright brothers at Kitty Hawk if they were aware of the potential of American Airlines Advantage Miles,” said The New York Times Publisher Arthur Ochs Sulzberger, Jr.

Sorry, but Yahoo!, MySpace, Google, Flickr, YouTube or Facebook, for example, are quite mature developments and the slow response of many traditional media publishers shows that they are not the Wright brothers of the Internet.

Today, The New York Times stock is lower than ever.

Around $18 right now.

Going down again and again after Morgan Stanley sold its nearly 10.4 million shares in the newspaper.

The newsroom is producing a first-class product, but the business management is doing a third-class job.

Not inspired, copied.

With the same thinking that leads many companies to consider selling their printing presses and outsourcing their services, one could argue that the same should be applied to technology.
We’ve talked about it before. I believe this type of deal makes perfect sense. Leave technology development to those who are good at it and concentrate on creating quality content. No matter how scary a company can be, nobody is great at doing everything. If you are great at doing content, there should be nothing to fear.

176 Newspapers seem to agree.

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