It's weird to wake up and hear that the New York Times is filing papers with the state today so they can close the Boston Globe and lay off all the employees in 60 days. "Just in case" they don't win the negotiations and win deep concessions and layoffs from the employees. So whatever the result, the Boston Globe will be diminished if not dead. Will my boxes of Boston Globes from championships gone past become collector's items for more than one reason?
Thanks a lot, Grey Lady, for buying our hometown paper with lots of debt. Who could have anticipated that debt financing was a house of cards? Bloggers, that's who, and that's one of the things that's bringing down the newspaper industry. Newspapers didn't see the internet as a threat until way too late and never came up with an effective strategy to compete online.
Where will we be getting our news in 10 years? Change is a coming.
Today I heard a piece on NPR about a musical project called "Stand By Me", one of those great, great songs from the Sixties. Watch the video below of the song, sung by street performers, the filmmakers layering artist upon artist as the song progresses. Something I learned about from public radio. Will public radio still be here in 10 years? I have no answers, just questions and a great video.
Playing for Change.com