“The next year to 18 months may be ‘make or break’ for the newspapers,” says David T. Clark of Deutsche Bank in a report summing up the NAA Retail Advertising Forum that just wrapped up in Dallas.
Noting that all signs point to weak retail sales and lean advertising budgets for the balance of this year and much of next, Dave says it is “unclear” whether newspapers “are moving fast enough to secure local market share for when the economy climbs out of its hole.”
From quote:
...perhaps the only CEO in Silicon Valley who knows how to set type one letter at a time, just like his hero, Benjamin Franklin.
From Reflections of a Newsosaur, aka Alan Mutter - a Managing Partner of Tapit Partners.
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