HipMojo.com http://watchmojo.com/web/blog Covering Online Video, Web, Search, Investing, Technology, Strategy, Investing, M&A, Financing, VCs Sat, 21 Nov 2009 21:40:57 +0000 http://wordpress.org/?v=2.1.3 en Memo to Newspapers: What are you waiting for? http://watchmojo.com/web/blog/index.php/2008/06/16/memo-to-newspapers-what-are-you-waiting-for/ http://watchmojo.com/web/blog/index.php/2008/06/16/memo-to-newspapers-what-are-you-waiting-for/#comments Tue, 17 Jun 2008 00:03:51 +0000 Ashkan Karbasfrooshan Internet & WebManagementNewspapersVideo http://watchmojo.com/web/blog/index.php/2008/06/16/memo-to-newspapers-what-are-you-waiting-for/ I don’t for the life of me understand why newspapers (and magazines) are not more aggressively getting into web video.  I understand management and staff might not have the expertise to move from creating text content to video content on the fly… in fact, something tells me beyond the operational aspects of video content creation, strategically they might not know how to proceed and package it either.

Anyway, McClatchy is cutting 10% of its workforce to make up for the reduction in revenues… even though the reduction of revenues will be far greater than the cost savings associated with the 10% cut in staff.

More details here.

Feel free to replace McClatchy with Tribune, Lee, etc.  The result is the same.

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